{"annotation_id":"8d44bd04-b208-4c98-bbf1-702180733674","file_hash":"19ac6ecc3eaabc9187a459bfc0b05bcca92272c4f3961807cc163101c65e022b","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"ff1b6b9c-6289-4e52-9395-98e0759cc86c","block_type":"box","text":"State Street Global High Yield Bond","page_number":1,"box":{"x":51,"y":71,"width":614,"height":23}},{"id":"df3e5053-cfef-4672-a5e0-3fc98843eee5","block_type":"box","text":"Screened Index Fund - I EUR Portfolio","page_number":1,"box":{"x":51,"y":105,"width":645,"height":19}},{"id":"9a5ebd89-2bed-4812-94c1-3bd0a2718ee0","block_type":"box","text":"Hedged","page_number":1,"box":{"x":52,"y":140,"width":130,"height":22}},{"id":"28497399-7ec9-40bf-8edf-16e47f9cf9a3","block_type":"box","text":"Asset Class","page_number":1,"box":{"x":754,"y":46,"width":58,"height":6}},{"id":"bbe6ae7f-b741-4a03-b800-e89ef156bd2a","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":754,"y":62,"width":71,"height":5}},{"id":"8906a931-b818-4a90-8f9f-94164cbbf41f","block_type":"box","text":"Fund Identifier","page_number":1,"box":{"x":754,"y":92,"width":72,"height":6}},{"id":"0745f406-9889-4e24-921c-b5fbe6c63041","block_type":"box","text":"LU2287755099","page_number":1,"box":{"x":754,"y":107,"width":82,"height":6}},{"id":"7d04bcfb-08c1-46e7-9d01-e29295a3e83d","block_type":"box","text":"As of 30 Sep 2026","page_number":1,"box":{"x":753,"y":138,"width":97,"height":7}},{"id":"4be45054-a273-477e-b610-da5096b33b1c","block_type":"box","text":"Climate Metrics","page_number":1,"box":{"x":51,"y":199,"width":225,"height":16}},{"id":"cb501bf4-a376-4e52-93de-adc02323353d","block_type":"box","text":"Source: State Street Investment Management, MSCI, CBI, Task Force on Climate-related Financial Disclosures. Holdings as of 30 Sep 2026, sustainability data as of 31 Aug 2026.","page_number":1,"box":{"x":50,"y":232,"width":878,"height":7}},{"id":"b65e2930-8afa-4046-9b95-8a90f42b0a3f","block_type":"box","text":"See Glossary for detailed calculation notes such as missing data treatment, data lag and exclusions. The results are estimates based on assumptions and analysis made by State","page_number":1,"box":{"x":50,"y":246,"width":875,"height":7}},{"id":"6daccd57-0bc5-478c-8c3e-960b73c7a683","block_type":"box","text":"Street Investment Management. They are not intended to represent actual results of any offering.","page_number":1,"box":{"x":50,"y":256,"width":481,"height":8}},{"id":"b4076ba2-688e-4f5b-a7b1-dc1a74f1be73","block_type":"box","text":"Actual results may differ.","page_number":1,"box":{"x":50,"y":270,"width":123,"height":7}},{"id":"605b8032-3952-42e7-885c-a1f6d4554c97","block_type":"box","text":"Companies with SBTi","page_number":1,"box":{"x":50,"y":301,"width":164,"height":10}},{"id":"c1f67cc1-0dd9-461d-8e7f-3e6dcf7b4467","block_type":"box","text":"Approved Targets","page_number":1,"box":{"x":50,"y":317,"width":138,"height":10}},{"id":"53ec2a13-fbfa-4dbf-8372-c506caa44409","block_type":"box","text":"Potential Emissions","page_number":1,"box":{"x":284,"y":302,"width":146,"height":8}},{"id":"92ca325d-131a-40e9-8183-e9d33d8fd0e1","block_type":"box","text":"22.26%","page_number":1,"box":{"x":105,"y":340,"width":60,"height":8}},{"id":"fd077966-8e24-496d-8f50-99883af3be38","block_type":"box","text":"2.00","page_number":1,"box":{"x":338,"y":340,"width":40,"height":8}},{"id":"9020de13-ae18-481a-a7ed-5ba327884f3a","block_type":"box","text":"ktCO2-eq per $mn invested","page_number":1,"box":{"x":338,"y":356,"width":111,"height":6}},{"id":"8a6fc607-361c-432c-b5f6-3da8f38de98d","block_type":"box","text":"Green/Fossil Fuel","page_number":1,"box":{"x":50,"y":387,"width":134,"height":9}},{"id":"860f513c-f7a4-4068-bdaf-b11e098ee6a3","block_type":"box","text":"Based Revenue Ratio","page_number":1,"box":{"x":51,"y":403,"width":157,"height":7}},{"id":"11526d62-8c0b-48ce-bb43-52d7f62954ec","block_type":"box","text":"Green Bonds","page_number":1,"box":{"x":284,"y":388,"width":96,"height":8}},{"id":"2e15d2e1-e5d3-455b-a119-f2acb117dc50","block_type":"box","text":"0.28","page_number":1,"box":{"x":104,"y":426,"width":40,"height":8}},{"id":"a3ce5d0e-2332-4c9c-b435-22f69e74983a","block_type":"box","text":"3.72%","page_number":1,"box":{"x":338,"y":426,"width":51,"height":8}},{"id":"36865492-e66d-4619-b7a6-794bab66d50b","block_type":"box","text":"Brown Revenues","page_number":1,"box":{"x":51,"y":474,"width":125,"height":8}},{"id":"45650390-551a-4e6e-88ed-ee481f4c0d2b","block_type":"box","text":"Low Carbon Transition","page_number":1,"box":{"x":284,"y":473,"width":175,"height":8}},{"id":"f6af6ed3-894b-4b6c-9faf-d99ac58bea79","block_type":"box","text":"Score","page_number":1,"box":{"x":284,"y":488,"width":43,"height":8}},{"id":"a1276ee5-b5e3-43ff-9a34-1775b965d78f","block_type":"box","text":"13.64%","page_number":1,"box":{"x":105,"y":512,"width":60,"height":7}},{"id":"90a969b1-216b-468c-8acb-f50ccdeeff19","block_type":"box","text":"5.46","page_number":1,"box":{"x":338,"y":512,"width":40,"height":7}},{"id":"97c928a4-6bbc-4a1b-a981-5150b424ec25","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":541,"width":93,"height":7}},{"id":"1af2e14c-a062-4b59-9df5-73a2fe923e3f","block_type":"box","text":"76.07%","page_number":1,"box":{"x":182,"y":542,"width":46,"height":6}},{"id":"5da9c03a-6cb3-4db5-9420-120efc3dae4d","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":284,"y":541,"width":93,"height":7}},{"id":"3a33a1cd-3509-4acb-93e7-bcdda141b1c4","block_type":"box","text":"72.22%","page_number":1,"box":{"x":416,"y":542,"width":45,"height":6}},{"id":"fe1cf0be-475f-4ecc-bf10-4ea764ef3c23","block_type":"box","text":"Implied Temperature","page_number":1,"box":{"x":51,"y":573,"width":162,"height":10}},{"id":"43fbb987-0e62-4ffb-a93b-4ecc753f8e20","block_type":"box","text":"Rise (°C)","page_number":1,"box":{"x":51,"y":588,"width":64,"height":9}},{"id":"946415dc-ef4b-4938-b04e-7c764b0073f1","block_type":"box","text":"3.57","page_number":1,"box":{"x":104,"y":612,"width":40,"height":7}},{"id":"3bb2c220-f71e-4c5d-8e7b-e2040e6dc42b","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":51,"y":641,"width":93,"height":7}},{"id":"b98b6545-28f3-4b09-a801-04a6f2159e04","block_type":"box","text":"63.84%","page_number":1,"box":{"x":182,"y":642,"width":46,"height":6}},{"id":"9560654d-1925-4ec6-b4df-0d15a56c9a03","block_type":"box","text":"Carbon Footprint","page_number":1,"box":{"x":50,"y":672,"width":133,"height":10}},{"id":"20cf6f92-48dc-4b83-81a6-aa93b89df6c9","block_type":"box","text":"(t CO2e/$M EVIC)","page_number":1,"box":{"x":184,"y":675,"width":76,"height":6}},{"id":"199dbadb-b265-4c33-bdc6-5af32717c722","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":318,"y":691,"width":41,"height":6}},{"id":"cc1e56f0-a16f-4daf-9a49-74144c075333","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":390,"y":691,"width":93,"height":7}},{"id":"09f4e0e4-e27f-449f-b27f-1b3d49bf99a4","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":50,"y":705,"width":37,"height":7}},{"id":"159568b9-88b2-48a6-a724-2f12fb0bc1a7","block_type":"box","text":"108.36","page_number":1,"box":{"x":314,"y":706,"width":45,"height":6}},{"id":"e45b3e42-611f-426a-b67e-d158e002481c","block_type":"box","text":"75.83%","page_number":1,"box":{"x":438,"y":706,"width":45,"height":6}},{"id":"dc65b140-95f2-4505-bd66-fc301812c128","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":50,"y":722,"width":41,"height":7}},{"id":"62154a58-dadd-42fd-b468-0f87f2840fed","block_type":"box","text":"22.55","page_number":1,"box":{"x":322,"y":723,"width":37,"height":6}},{"id":"de2ce9bb-6085-4079-a42c-5e9d6376ce97","block_type":"box","text":"75.83%","page_number":1,"box":{"x":438,"y":723,"width":45,"height":6}},{"id":"b9aad340-e6a4-46a7-9b99-92208eb1e717","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":50,"y":738,"width":41,"height":7}},{"id":"271965f3-015c-4749-95c3-883a8a6c8a2d","block_type":"box","text":"770.58","page_number":1,"box":{"x":314,"y":739,"width":45,"height":6}},{"id":"cc1aa018-a4a1-4005-9e34-66f03db0ffa3","block_type":"box","text":"75.11%","page_number":1,"box":{"x":438,"y":739,"width":45,"height":6}},{"id":"514c8ce9-b073-42c7-a04d-43ea4e2c9a04","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":50,"y":755,"width":52,"height":7}},{"id":"700c8b44-fa0f-4005-8d83-599499804b8c","block_type":"box","text":"130.91","page_number":1,"box":{"x":314,"y":756,"width":45,"height":6}},{"id":"e64e4c19-1c0c-4106-b411-8b6ba03e4fa4","block_type":"box","text":"75.83%","page_number":1,"box":{"x":438,"y":756,"width":45,"height":6}},{"id":"f837a4ef-9414-472f-b844-3254758fe610","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":50,"y":771,"width":66,"height":8}},{"id":"9f134228-1060-45e1-9e22-2015237fcd6f","block_type":"box","text":"918.90","page_number":1,"box":{"x":314,"y":773,"width":45,"height":6}},{"id":"c783e77c-2e4a-4362-9955-2d9a044dad5d","block_type":"box","text":"71.90%","page_number":1,"box":{"x":438,"y":773,"width":45,"height":6}},{"id":"78181b9b-6c7b-42f2-9951-e2236a6fcbe9","block_type":"box","text":"Total Carbon Emissions","page_number":1,"box":{"x":516,"y":302,"width":177,"height":8}},{"id":"41293bc3-a99f-4561-904e-4457534e0dce","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":326,"width":42,"height":6}},{"id":"fe63e549-1c5d-4d7c-8ebf-467ffd0414b2","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":326,"width":93,"height":7}},{"id":"a2ac6620-8b34-4ceb-af30-52e8221ca7bc","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":340,"width":37,"height":7}},{"id":"9a0c3b31-e63c-4598-8d34-5de89ffc1903","block_type":"box","text":"106,708.52","page_number":1,"box":{"x":765,"y":341,"width":75,"height":8}},{"id":"0122b427-81fe-4d76-b1f6-e398c5f13602","block_type":"box","text":"75.83%","page_number":1,"box":{"x":903,"y":341,"width":45,"height":6}},{"id":"21863046-e880-4f2d-afc5-8cba6757504a","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":357,"width":40,"height":7}},{"id":"ceec4e6e-53b6-4f22-b5ef-f6c8ce17796e","block_type":"box","text":"22,205.41","page_number":1,"box":{"x":772,"y":358,"width":69,"height":7}},{"id":"23cb6e66-46e9-4a53-86da-7b9c11961209","block_type":"box","text":"75.83%","page_number":1,"box":{"x":903,"y":358,"width":45,"height":6}},{"id":"fae2b2c9-7dd8-496c-ab8d-ad13d29d0ea5","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":373,"width":40,"height":8}},{"id":"6fe8a3b7-5872-4ce4-92af-64c02a2f945f","block_type":"box","text":"751,696.30","page_number":1,"box":{"x":764,"y":375,"width":77,"height":7}},{"id":"722195e9-c9b2-449e-98b5-9f582a934b07","block_type":"box","text":"75.11%","page_number":1,"box":{"x":903,"y":375,"width":45,"height":5}},{"id":"2785be76-71a1-443b-802e-c480d87c472b","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":390,"width":51,"height":7}},{"id":"b72e7a3d-7710-4037-a0fb-b5f1d39d7216","block_type":"box","text":"128,913.74","page_number":1,"box":{"x":765,"y":391,"width":76,"height":7}},{"id":"9aa2742a-46bc-4cbb-9f43-aef377b85ee9","block_type":"box","text":"75.83%","page_number":1,"box":{"x":903,"y":391,"width":45,"height":6}},{"id":"d20843aa-8d6f-47f8-9c21-73d61d959f26","block_type":"box","text":"Weighted Average Carbon Intensity","page_number":1,"box":{"x":515,"y":433,"width":271,"height":11}},{"id":"499a2117-464b-44a2-afdf-95e5fa40f298","block_type":"box","text":"(t CO2e/$M Sales)","page_number":1,"box":{"x":787,"y":436,"width":77,"height":6}},{"id":"0d4dd51b-5bfd-473f-9844-e121ad35f8aa","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":457,"width":42,"height":6}},{"id":"418bd7e2-4d12-438b-97d1-747e17d3b2df","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":457,"width":93,"height":8}},{"id":"c09974cb-e6b7-4f5a-b492-05f005eb5f10","block_type":"box","text":"Scope 1","page_number":1,"box":{"x":516,"y":471,"width":37,"height":7}},{"id":"77fe7a36-ef42-44a2-a766-447b07a2480b","block_type":"box","text":"184.88","page_number":1,"box":{"x":796,"y":472,"width":45,"height":6}},{"id":"6aabc354-d05c-4fa8-906b-d1880ad739ac","block_type":"box","text":"75.79%","page_number":1,"box":{"x":903,"y":472,"width":45,"height":6}},{"id":"b82b8bba-8004-410d-8367-320d53d7418f","block_type":"box","text":"Scope 2","page_number":1,"box":{"x":516,"y":488,"width":40,"height":7}},{"id":"aca262d6-bd04-4d0d-ada6-a47b141b772c","block_type":"box","text":"38.04","page_number":1,"box":{"x":803,"y":489,"width":38,"height":6}},{"id":"8f84a61e-a57d-477f-bb0a-dc92c0c0691e","block_type":"box","text":"75.79%","page_number":1,"box":{"x":903,"y":489,"width":45,"height":6}},{"id":"df22b9d1-fa1a-4b1c-a16a-5cd85714bc38","block_type":"box","text":"Scope 3","page_number":1,"box":{"x":516,"y":504,"width":40,"height":8}},{"id":"aadf1c02-e698-4b47-ba03-756180397930","block_type":"box","text":"1,113.31","page_number":1,"box":{"x":780,"y":506,"width":61,"height":7}},{"id":"83c1536c-651e-42ca-a8cf-59556a35f295","block_type":"box","text":"75.38%","page_number":1,"box":{"x":903,"y":506,"width":45,"height":5}},{"id":"3971b879-df27-46fb-a254-1b7b2594937a","block_type":"box","text":"Scope 1+2","page_number":1,"box":{"x":516,"y":521,"width":51,"height":7}},{"id":"b1d3b617-a687-4ddf-864e-97adfb506e5e","block_type":"box","text":"222.36","page_number":1,"box":{"x":796,"y":522,"width":45,"height":6}},{"id":"5148c845-dcf3-40c8-b2da-0475fd9c30e0","block_type":"box","text":"76.07%","page_number":1,"box":{"x":903,"y":522,"width":45,"height":6}},{"id":"6ff381cb-885e-408c-8ef4-6924bc81140c","block_type":"box","text":"Scope 1+2+3","page_number":1,"box":{"x":516,"y":538,"width":66,"height":7}},{"id":"30ef8839-e308-41d4-aa68-1e7d50b5a1a5","block_type":"box","text":"1,331.83","page_number":1,"box":{"x":780,"y":539,"width":60,"height":7}},{"id":"c1eee082-ee72-4472-be58-40e0a632e60e","block_type":"box","text":"74.19%","page_number":1,"box":{"x":903,"y":539,"width":45,"height":6}},{"id":"5a502b70-8fea-4a56-b29a-1312a4477f8d","block_type":"box","text":"Climate Value at Risk","page_number":1,"box":{"x":516,"y":580,"width":189,"height":10}},{"id":"c214c725-54e6-426a-b211-7ba735d5c6b4","block_type":"box","text":"Policy Risk VaR","page_number":1,"box":{"x":516,"y":606,"width":82,"height":7}},{"id":"0a08c383-1f62-4c1f-939b-7b0eab039702","block_type":"box","text":"Portfolio","page_number":1,"box":{"x":799,"y":606,"width":42,"height":6}},{"id":"81af0e2a-aae2-4758-be3c-4808e3a39e89","block_type":"box","text":"Portfolio Coverage","page_number":1,"box":{"x":855,"y":606,"width":93,"height":7}},{"id":"e32ce5e5-3cc4-4e1b-8a48-5c34b66baabb","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":620,"width":127,"height":7}},{"id":"158303d6-94e3-4624-95b2-0e93a05fa599","block_type":"box","text":"-27.60%","page_number":1,"box":{"x":789,"y":621,"width":52,"height":6}},{"id":"7550de62-303e-4b91-8475-c819d4bd0332","block_type":"box","text":"64.25%","page_number":1,"box":{"x":903,"y":621,"width":45,"height":6}},{"id":"d9bdac1a-316c-4c57-817e-2125416edf84","block_type":"box","text":"Disorderly Transition (2 °C)","page_number":1,"box":{"x":516,"y":636,"width":134,"height":8}},{"id":"4cb5f7f0-e37a-4d23-82d4-2df940ac93fd","block_type":"box","text":"-11.59%","page_number":1,"box":{"x":789,"y":638,"width":52,"height":5}},{"id":"a1abd959-f83f-488a-a696-ccc60689b5d3","block_type":"box","text":"64.25%","page_number":1,"box":{"x":903,"y":638,"width":45,"height":5}},{"id":"01c61a6a-612e-47e7-ac0c-f89dc43fd216","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":653,"width":79,"height":7}},{"id":"bb1af5a1-3638-4a32-abeb-3d0115ea9dc6","block_type":"box","text":"-9.11%","page_number":1,"box":{"x":797,"y":654,"width":44,"height":6}},{"id":"79a8bc20-01f8-4f55-a5cf-37d17ce97895","block_type":"box","text":"64.25%","page_number":1,"box":{"x":903,"y":654,"width":45,"height":6}},{"id":"f3945712-b7cf-47f5-9a9e-5321c566661b","block_type":"box","text":"Technology Opportunities VaR","page_number":1,"box":{"x":516,"y":670,"width":164,"height":7}},{"id":"be23004f-5d82-4216-a228-520788411ed3","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":686,"width":127,"height":8}},{"id":"7066c7e9-51e5-4938-9fc8-6237cb98030a","block_type":"box","text":"2.68%","page_number":1,"box":{"x":803,"y":687,"width":38,"height":6}},{"id":"9b9ee7b1-7e7d-4209-930a-e43591efd413","block_type":"box","text":"45.97%","page_number":1,"box":{"x":903,"y":687,"width":45,"height":6}},{"id":"84801dae-8510-48d4-91df-32f7655fa24b","block_type":"box","text":"Disorderly Transition (2 °C)","page_number":1,"box":{"x":516,"y":703,"width":134,"height":7}},{"id":"efcec48b-d23f-4993-b7bb-34dbf70c10c9","block_type":"box","text":"0.69%","page_number":1,"box":{"x":803,"y":704,"width":38,"height":6}},{"id":"b1294f40-795b-44b9-89cf-e989bde53118","block_type":"box","text":"45.97%","page_number":1,"box":{"x":903,"y":704,"width":45,"height":6}},{"id":"92851df7-0712-4691-97af-17b0a67e0e29","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":719,"width":79,"height":7}},{"id":"b12a121b-22a1-4857-b577-7568e1376b58","block_type":"box","text":"0.85%","page_number":1,"box":{"x":803,"y":721,"width":38,"height":6}},{"id":"6706e2da-66ac-4591-937c-482b1234d421","block_type":"box","text":"45.97%","page_number":1,"box":{"x":903,"y":721,"width":45,"height":6}},{"id":"f52855cf-e335-4125-abbf-886a88208f8b","block_type":"box","text":"Physical Risk VaR","page_number":1,"box":{"x":516,"y":736,"width":95,"height":7}},{"id":"bd91f367-9a40-4846-bc5f-c902962e5a83","block_type":"box","text":"Orderly Transition (1.5 °C)","page_number":1,"box":{"x":516,"y":753,"width":127,"height":7}},{"id":"800f8d07-f3d4-408a-932b-ac703dd981f8","block_type":"box","text":"-0.71%","page_number":1,"box":{"x":797,"y":754,"width":44,"height":6}},{"id":"f23ed55f-40f1-48dd-ade9-0779b6cdc182","block_type":"box","text":"62.36%","page_number":1,"box":{"x":903,"y":754,"width":45,"height":6}},{"id":"bcce6159-914a-4d19-95fe-9bfd1ebdcdd0","block_type":"box","text":"Disorderly Transition (2 °C)","page_number":1,"box":{"x":516,"y":769,"width":134,"height":8}},{"id":"d7f83c55-bfe0-4f85-9ee8-15ee5e9e36c0","block_type":"box","text":"-1.49%","page_number":1,"box":{"x":797,"y":771,"width":44,"height":5}},{"id":"144f29e8-c361-48cc-97d4-53b8e2b2fb2a","block_type":"box","text":"62.36%","page_number":1,"box":{"x":903,"y":771,"width":45,"height":5}},{"id":"6b5279ca-8a8c-4f88-9b9a-9f3db2116d08","block_type":"box","text":"Hothouse (3 °C)","page_number":1,"box":{"x":516,"y":786,"width":79,"height":7}},{"id":"177bc6c2-3e07-43d4-8775-83863234b6e5","block_type":"box","text":"-2.21%","page_number":1,"box":{"x":797,"y":787,"width":44,"height":6}},{"id":"be8eae4e-d362-4637-b4a4-c51c6759b92f","block_type":"box","text":"62.36%","page_number":1,"box":{"x":903,"y":787,"width":45,"height":6}},{"id":"b60115d3-27fe-4157-8a0e-e646c95ad888","block_type":"box","text":"Report ID: 5648553.1","page_number":1,"box":{"x":362,"y":968,"width":116,"height":9}},{"id":"837aafa7-7e4b-4d72-9b0d-07f70f6b4d67","block_type":"box","text":"Published: 13 Oct 2026","page_number":1,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"97b5a4c5-7e9d-464a-b8c7-c40398d8b74e","block_type":"box","text":"P","page_number":1,"box":{"x":902,"y":968,"width":5,"height":6}},{"id":"03ebac81-ce8c-46ed-af5a-fd6c7fe287e5","block_type":"box","text":"a","page_number":1,"box":{"x":908,"y":970,"width":5,"height":4}},{"id":"7ff8dfb8-c695-4aea-8bd6-c0f13f8dd4ad","block_type":"box","text":"g","page_number":1,"box":{"x":913,"y":970,"width":6,"height":5}},{"id":"14c1f561-fed1-47de-8cef-879cb937fbfa","block_type":"box","text":"e","page_number":1,"box":{"x":919,"y":970,"width":5,"height":4}},{"id":"b309fcc3-0e87-485b-affe-373dc2fd1a5a","block_type":"box","text":"1","page_number":1,"box":{"x":926,"y":968,"width":3,"height":6}},{"id":"94c3c86b-c314-49b7-abfa-49b3c46a140b","block_type":"box","text":"of","page_number":1,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"a82b6e6d-73e6-40f9-83b7-603e5174d6c2","block_type":"box","text":"4","page_number":1,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"fc31ebf0-fb5d-4f56-a866-6cbc782b86b5","block_type":"box","text":"Glossary","page_number":2,"box":{"x":51,"y":59,"width":129,"height":19}},{"id":"979018b1-4142-4e20-b9f6-abb1cbdb3567","block_type":"box","text":"Sustainability data is as of the date identified in the report sections","page_number":2,"box":{"x":51,"y":95,"width":393,"height":8}},{"id":"afbe3cb1-2627-4249-bc01-c15407a67e8b","block_type":"box","text":"above, usually on a month lag. All metrics are reported in USD unless","page_number":2,"box":{"x":51,"y":107,"width":405,"height":9}},{"id":"40a2dcd3-bd9b-4435-b998-035b7e264451","block_type":"box","text":"otherwise stated.","page_number":2,"box":{"x":51,"y":120,"width":102,"height":7}},{"id":"a62d17c8-55b6-4f4c-b24b-9c9be8028323","block_type":"box","text":"Climate Metrics","page_number":2,"box":{"x":51,"y":152,"width":157,"height":11}},{"id":"085422a3-f612-42c4-ade9-c354485b7373","block_type":"box","text":"Data Treatments","page_number":2,"box":{"x":51,"y":173,"width":108,"height":7}},{"id":"1013ebd7-7755-40bd-bab9-f470f2b4c605","block_type":"box","text":"- State Street applies the data treatments where","page_number":2,"box":{"x":163,"y":173,"width":286,"height":9}},{"id":"66c57ea8-253a-4618-9e8c-aa3c4b3288bc","block_type":"box","text":"applicable to Climate Metrics. To review the data treatments and the","page_number":2,"box":{"x":51,"y":186,"width":408,"height":9}},{"id":"cc95a8b6-3cdb-4206-b0b3-eadbb589040d","block_type":"box","text":"metrics they are applied to please","page_number":2,"box":{"x":51,"y":199,"width":201,"height":9}},{"id":"ddb13bc2-ca3a-49ff-b141-83280423dbe2","block_type":"box","text":"click","page_number":2,"box":{"x":255,"y":199,"width":28,"height":7}},{"id":"fdcd82b1-f450-4f83-9c82-5f7e29d12b07","block_type":"box","text":"here","page_number":2,"box":{"x":286,"y":199,"width":26,"height":7}},{"id":"60a7f175-3aa1-4578-af4a-71211609274c","block_type":"box","text":".","page_number":2,"box":{"x":313,"y":205,"width":2,"height":1}},{"id":"168bf943-bf79-428b-b859-3257c854365a","block_type":"box","text":"Portfolio Coverage","page_number":2,"box":{"x":51,"y":217,"width":119,"height":8}},{"id":"95b62a6a-7309-453c-bc30-4b1271ca1249","block_type":"box","text":"is dependent upon the universe covered by SSGA’s","page_number":2,"box":{"x":174,"y":217,"width":303,"height":8}},{"id":"e83c3645-415d-4f41-b199-b59041e8b75e","block_type":"box","text":"external providers. For certain markets and types of companies, there","page_number":2,"box":{"x":51,"y":229,"width":413,"height":9}},{"id":"59082217-7720-4efb-a331-6d8baf3e6ccf","block_type":"box","text":"may be significant limitations in the availability of data, or in some cases,","page_number":2,"box":{"x":51,"y":242,"width":425,"height":9}},{"id":"f002a486-4193-4ab8-8a7c-a61b913e5dab","block_type":"box","text":"no data may be available at all. In such instances, the benchmark index","page_number":2,"box":{"x":51,"y":255,"width":418,"height":9}},{"id":"6511ddf5-07ca-4d12-80dd-2591cd0fcc8d","block_type":"box","text":"provider, investment manager, an affiliate of the investment manager or","page_number":2,"box":{"x":51,"y":268,"width":422,"height":9}},{"id":"59f70a8a-d765-4955-acbf-c94ea8210303","block_type":"box","text":"another party may use data from a related entity as a proxy or generate","page_number":2,"box":{"x":51,"y":281,"width":422,"height":8}},{"id":"71414ae0-6f79-496a-9d9b-8ba45f17ee9f","block_type":"box","text":"estimated data to fill these gaps.","page_number":2,"box":{"x":51,"y":293,"width":191,"height":9}},{"id":"c0870266-99b1-4722-827a-79d4cadfaec7","block_type":"box","text":"Brown Revenues:","page_number":2,"box":{"x":51,"y":311,"width":110,"height":7}},{"id":"db889089-e0a4-4c44-a0bc-e71851bada85","block_type":"box","text":"Percentage of revenue from “brown” sectors and","page_number":2,"box":{"x":165,"y":311,"width":287,"height":9}},{"id":"a59aa28f-40f1-44de-aa41-f0af49617eb7","block_type":"box","text":"activities, including fossil fuel extractions, mining, operations, and power","page_number":2,"box":{"x":51,"y":324,"width":425,"height":9}},{"id":"492c392f-6b53-4689-b5d4-3c4586a325b0","block_type":"box","text":"generation, employing MSCI revenue indicators. Brown revenue (%) is","page_number":2,"box":{"x":51,"y":337,"width":411,"height":8}},{"id":"117e75f8-a9ce-471a-b3c1-8a58205b0c10","block_type":"box","text":"defined as the proportion of revenues a company derives from activities","page_number":2,"box":{"x":51,"y":350,"width":426,"height":8}},{"id":"a11efade-9afe-4cfc-95ce-4993ff626f87","block_type":"box","text":"related to the extraction of fossil fuels, or power generation using fossil","page_number":2,"box":{"x":51,"y":362,"width":415,"height":9}},{"id":"29640044-6522-4bcd-9fee-5bd5054d8b95","block_type":"box","text":"fuel-based energy sources. It reflects firms tied to conventional energy","page_number":2,"box":{"x":50,"y":375,"width":419,"height":9}},{"id":"37d0975c-39c8-4fe8-bcdd-55fd4e8b0737","block_type":"box","text":"value chains.","page_number":2,"box":{"x":50,"y":388,"width":76,"height":7}},{"id":"ccc40422-2051-421a-8e87-559d0a080af6","block_type":"box","text":"Brown Revenues– MSCI:","page_number":2,"box":{"x":51,"y":406,"width":155,"height":7}},{"id":"81e3266a-de14-491a-98a7-e74fc8a641dd","block_type":"box","text":"Weighted Average of each Underlying","page_number":2,"box":{"x":209,"y":406,"width":225,"height":8}},{"id":"3bd77062-57fa-4d2c-a5d1-295b1a19e579","block_type":"box","text":"Security with Brown Revenue for the Portfolio.","page_number":2,"box":{"x":51,"y":418,"width":271,"height":9}},{"id":"9b2856c1-e35c-4b89-aedd-8b299cf9d972","block_type":"box","text":"Potential Emissions – MSCI:","page_number":2,"box":{"x":51,"y":436,"width":176,"height":7}},{"id":"4ecf540a-3115-448e-9815-473aedbeb521","block_type":"box","text":"Sum of Weighted Average Total Potential","page_number":2,"box":{"x":230,"y":436,"width":243,"height":9}},{"id":"31d67c2b-df58-4023-bfa1-9efffb883a0c","block_type":"box","text":"Emission of Fossil Fuel Reserves Normalized by EVIC $MN (ktCO2-eq","page_number":2,"box":{"x":51,"y":448,"width":413,"height":9}},{"id":"47925562-c391-4b20-a9cf-49aada38d42a","block_type":"box","text":"per $MN invested) on the Portfolio Level.","page_number":2,"box":{"x":51,"y":461,"width":241,"height":9}},{"id":"7d029004-33f3-4e7c-a1d7-68a20ea205af","block_type":"box","text":"Green Bonds:","page_number":2,"box":{"x":51,"y":479,"width":86,"height":7}},{"id":"339be069-3e6c-412a-b79e-4efc31411242","block_type":"box","text":"The Climate Bonds Initiative (CBI) defines green bonds","page_number":2,"box":{"x":140,"y":479,"width":325,"height":9}},{"id":"9bda6f93-8f5f-4356-83af-2e950a796466","block_type":"box","text":"as debt instruments that finance projects with environmental benefits,","page_number":2,"box":{"x":51,"y":492,"width":415,"height":9}},{"id":"ce302857-db51-4502-be0d-ffa907dc602d","block_type":"box","text":"and the CBI Green Bond Database uses a methodology to evaluate","page_number":2,"box":{"x":51,"y":505,"width":397,"height":9}},{"id":"389d6f2c-8327-40fe-81ed-79ede73f737d","block_type":"box","text":"and categorize projects as green.","page_number":2,"box":{"x":51,"y":518,"width":196,"height":8}},{"id":"1d1d9ed0-dd17-4d16-93b1-d7dd14b896ef","block_type":"box","text":"The CBI’s methodology includes the","page_number":2,"box":{"x":251,"y":518,"width":213,"height":8}},{"id":"e2a3e6cc-e85f-4c9e-9162-2e57d23bc1f4","block_type":"box","text":"following criteria:","page_number":2,"box":{"x":50,"y":531,"width":101,"height":8}},{"id":"079e4aa2-989c-40a8-9d5a-cd69e61a431c","block_type":"box","text":"Self-labeling:","page_number":2,"box":{"x":91,"y":548,"width":84,"height":9}},{"id":"5cfa2035-c267-4ae4-be2b-9a0535973e73","block_type":"box","text":"The issuer must consciously label the instrument","page_number":2,"box":{"x":178,"y":548,"width":291,"height":9}},{"id":"da160b5f-35a6-4ebd-9481-dc12c2b183a2","block_type":"box","text":"as a green bond.","page_number":2,"box":{"x":91,"y":561,"width":97,"height":9}},{"id":"2f6ceedc-3416-448d-ab2d-6fb4d2a224b5","block_type":"box","text":"Public disclosure:","page_number":2,"box":{"x":91,"y":579,"width":112,"height":6}},{"id":"ab8ee3a6-7aaf-4a42-920d-07d7c2d3c4de","block_type":"box","text":"The issuer must provide sufficient information","page_number":2,"box":{"x":206,"y":579,"width":272,"height":8}},{"id":"2561fbe2-3d6f-4d6e-844e-dd9948c9da36","block_type":"box","text":"to determine if the financed assets are green.","page_number":2,"box":{"x":91,"y":591,"width":267,"height":9}},{"id":"d7f3d461-f04a-42ab-81e1-0d6719f9e6df","block_type":"box","text":"This includes","page_number":2,"box":{"x":362,"y":591,"width":78,"height":7}},{"id":"39cdb3e2-b932-43c9-9434-c828e7ef0545","block_type":"box","text":"information such as the amount outstanding and closing","page_number":2,"box":{"x":92,"y":604,"width":332,"height":9}},{"id":"e7fe6ed9-3f2b-4d67-a7d0-a3cb641b935e","block_type":"box","text":"confirmation.","page_number":2,"box":{"x":91,"y":617,"width":78,"height":7}},{"id":"164751e9-97b7-4525-9808-2b9ee96a0384","block_type":"box","text":"Eligible sectors:","page_number":2,"box":{"x":91,"y":635,"width":100,"height":8}},{"id":"9862ee77-1177-4843-b75f-251da45cad5e","block_type":"box","text":"The financed assets must be in eligible sectors,","page_number":2,"box":{"x":195,"y":635,"width":279,"height":8}},{"id":"72a1b0c5-9e68-464b-a5e5-744adf925fa7","block_type":"box","text":"such as energy efficient products and processes, or non-energy","page_number":2,"box":{"x":91,"y":647,"width":378,"height":9}},{"id":"5b62720d-1095-456d-ac0e-afb253a1cff5","block_type":"box","text":"GHG reductions.","page_number":2,"box":{"x":91,"y":660,"width":100,"height":7}},{"id":"436c56e1-88ef-4586-8d57-0a07ca4049c8","block_type":"box","text":"Eligible use of proceeds:","page_number":2,"box":{"x":91,"y":678,"width":154,"height":9}},{"id":"3d7ee883-971c-4851-89b5-3cf938bb3169","block_type":"box","text":"The proceeds must be used for eligible","page_number":2,"box":{"x":248,"y":678,"width":230,"height":9}},{"id":"62eb1d47-8d6d-4e7f-bc05-daa6201afde8","block_type":"box","text":"purposes.","page_number":2,"box":{"x":92,"y":693,"width":57,"height":6}},{"id":"70229de5-4cc1-4e73-abad-71edbf406e6b","block_type":"box","text":"Green Bonds – CBI:","page_number":2,"box":{"x":51,"y":708,"width":122,"height":7}},{"id":"879cf785-5a05-439a-ac00-827a4fd476d7","block_type":"box","text":"Market Value of Securities with Green Bonds as a","page_number":2,"box":{"x":177,"y":708,"width":292,"height":7}},{"id":"fa2a7894-4d67-46c5-a58a-c84f2c5f5fc1","block_type":"box","text":"Percentage of the Total Market Value of all Securities in the Portfolio.","page_number":2,"box":{"x":51,"y":721,"width":405,"height":9}},{"id":"8ee1c733-50bb-46ea-a4b6-3cf039b61235","block_type":"box","text":"Green/Fossil Fuel Based Revenue Ratio - MSCI:","page_number":2,"box":{"x":51,"y":738,"width":298,"height":8}},{"id":"05a94cfd-4234-40df-8d18-24ac1a76934f","block_type":"box","text":"The Sum of Green","page_number":2,"box":{"x":353,"y":739,"width":108,"height":7}},{"id":"1b0931e4-d975-4778-b5ac-e82952ebde37","block_type":"box","text":"to Fossil Fuel Based Revenue Ratio on the Portfolio level and the Sum of","page_number":2,"box":{"x":50,"y":751,"width":425,"height":7}},{"id":"01351f95-2071-4f68-befb-df4cb6602fd2","block_type":"box","text":"Green to Fossil Fuel Based Revenue Ratio on the Portfolio level.","page_number":2,"box":{"x":51,"y":764,"width":373,"height":7}},{"id":"e2666c3b-bc1f-4e3a-9cee-8e8f26b2e3e1","block_type":"box","text":"Companies with SBTi /Approved Targets – MSCI:","page_number":2,"box":{"x":51,"y":782,"width":311,"height":9}},{"id":"3ccc44c6-db07-41bd-8f52-a57bd52341cd","block_type":"box","text":"The percentage of","page_number":2,"box":{"x":366,"y":782,"width":111,"height":9}},{"id":"9761e146-2289-4ee2-ad2c-18e5ee8cce2e","block_type":"box","text":"the fund’s market value exposed to issuers that have carbon emissions","page_number":2,"box":{"x":50,"y":795,"width":419,"height":8}},{"id":"748a204b-c12a-4077-812d-d68bc7ce50b7","block_type":"box","text":"reduction targets approved by the Science Based Targets initiative","page_number":2,"box":{"x":51,"y":807,"width":396,"height":9}},{"id":"a650e8f9-2727-47f6-af4b-64058701800f","block_type":"box","text":"(SBTi) on the Portfolio level.","page_number":2,"box":{"x":51,"y":820,"width":166,"height":8}},{"id":"d3bc4141-cf9b-4b98-a67b-90928952dbf2","block_type":"box","text":"Low Carbon Transition Score – MSCI:","page_number":2,"box":{"x":51,"y":838,"width":237,"height":7}},{"id":"a8f6e906-06a3-4b39-a103-3e9820751c70","block_type":"box","text":"Score calculates a company’s","page_number":2,"box":{"x":292,"y":838,"width":177,"height":9}},{"id":"06feca0f-01b9-4f1f-b562-3a882788ab50","block_type":"box","text":"climate transition risk by aggregating Scope 1, 2 and 3 emissions,","page_number":2,"box":{"x":51,"y":851,"width":382,"height":8}},{"id":"8143bddb-8075-40fc-a88b-d4974331961b","block_type":"box","text":"emissions avoided, and the quality of the company’s climate","page_number":2,"box":{"x":51,"y":864,"width":354,"height":8}},{"id":"c10bf427-3eca-46b3-96bf-de1b285b8045","block_type":"box","text":"management into a score between 0 (highest risk) and 10 (lowest risk).","page_number":2,"box":{"x":51,"y":876,"width":416,"height":9}},{"id":"f8c14217-2276-4825-9bd5-1944703573bd","block_type":"box","text":"Companies with higher Low Carbon Transition score are more aligned","page_number":2,"box":{"x":51,"y":889,"width":414,"height":9}},{"id":"58ce10a2-478d-47b2-a310-8085ed2fedb5","block_type":"box","text":"with the Low Carbon Transition compared to the companies with lower","page_number":2,"box":{"x":515,"y":95,"width":420,"height":8}},{"id":"6415d488-9155-46ab-a861-ccdc3facaa1d","block_type":"box","text":"scores. Score calculated at the Portfolio level.","page_number":2,"box":{"x":515,"y":107,"width":270,"height":7}},{"id":"4ad93f34-c3f0-4275-9466-33f777f40489","block_type":"box","text":"Carbon Footprint:","page_number":2,"box":{"x":515,"y":125,"width":114,"height":9}},{"id":"bf0e94d8-efff-4d47-9a98-0244fd349763","block_type":"box","text":"Scope 1+2+3- (t CO2e/$M EVIC) – MSCI:","page_number":2,"box":{"x":556,"y":142,"width":256,"height":9}},{"id":"2eb41464-5574-4db1-999b-c3ed6e61fd2a","block_type":"box","text":"Weighted average","page_number":2,"box":{"x":815,"y":143,"width":108,"height":8}},{"id":"33861574-f0dd-485d-9c06-df5ba711454b","block_type":"box","text":"Scope 1, Scope 2 and Scope 3 carbon emissions intensity","page_number":2,"box":{"x":556,"y":155,"width":340,"height":9}},{"id":"a1070076-7594-4169-9e8d-47b4687a91f0","block_type":"box","text":"normalized by enterprise value including cash.","page_number":2,"box":{"x":556,"y":168,"width":273,"height":9}},{"id":"0ba29f9a-9062-4959-a523-a572efa2d86a","block_type":"box","text":"Total Carbon Emissions – MSCI:","page_number":2,"box":{"x":515,"y":186,"width":202,"height":7}},{"id":"617c6e5f-e1a6-45e7-8206-24abfc368b76","block_type":"box","text":"Total Carbon Emissions measures","page_number":2,"box":{"x":721,"y":186,"width":203,"height":7}},{"id":"600f7c6f-1f01-401f-b7a4-3a8da0d089b3","block_type":"box","text":"the absolute tons of CO2e EVIC for which an investor is responsible. It is","page_number":2,"box":{"x":515,"y":199,"width":425,"height":8}},{"id":"b82ee052-3c14-49e0-bee1-9fb2266e708b","block_type":"box","text":"apportioned to the investor based on an equity ownership perspective,","page_number":2,"box":{"x":516,"y":212,"width":418,"height":8}},{"id":"a5549ac4-1c66-4962-8bd2-7897a33d94d0","block_type":"box","text":"and can be explained with a simple example: If an investor’s position in a","page_number":2,"box":{"x":516,"y":224,"width":425,"height":9}},{"id":"94584acd-7374-4bce-b161-138fcc34798a","block_type":"box","text":"company is equal to 1% of the company’s total market capitalization, then","page_number":2,"box":{"x":516,"y":237,"width":432,"height":9}},{"id":"dfce99cd-0029-47b3-983f-10116a9955d8","block_type":"box","text":"the investor owns 1% of the company, and is consequently responsible","page_number":2,"box":{"x":515,"y":250,"width":415,"height":9}},{"id":"eeb2c10e-9bdc-4829-9e53-d8e59a8a0879","block_type":"box","text":"for 1% of the company’s carbon emissions (tons CO2e). Calculating the","page_number":2,"box":{"x":515,"y":263,"width":419,"height":9}},{"id":"c8197d71-6861-4d5f-8520-9aec88ba35bf","block_type":"box","text":"“owned” emissions from each position in the portfolio and summing","page_number":2,"box":{"x":516,"y":276,"width":398,"height":8}},{"id":"9d12628d-6d86-43a9-9187-11f02554d9d4","block_type":"box","text":"those emissions yields the total carbon emissions for the portfolio.","page_number":2,"box":{"x":515,"y":288,"width":391,"height":9}},{"id":"499c6131-4ab1-4530-908d-bb49c1a75d21","block_type":"box","text":"Scope 1","page_number":2,"box":{"x":556,"y":306,"width":47,"height":9}},{"id":"42845806-7dd2-4727-8c47-ab26329f6d04","block_type":"box","text":"emissions are “direct emissions” from sources that are","page_number":2,"box":{"x":607,"y":306,"width":322,"height":7}},{"id":"5a907e90-f1ca-43b7-b22d-967d0eeeee01","block_type":"box","text":"owned or controlled by the company. Data","page_number":2,"box":{"x":556,"y":319,"width":251,"height":9}},{"id":"fb89a914-e116-4ddc-98c0-faad201b3323","block_type":"box","text":"Scope 2","page_number":2,"box":{"x":556,"y":336,"width":51,"height":9}},{"id":"82a56817-ff89-4e30-989e-98a7cae53811","block_type":"box","text":"emissions are the indirect emissions released into the","page_number":2,"box":{"x":610,"y":337,"width":317,"height":6}},{"id":"aaec23a9-6fef-446b-ba91-172d6f296656","block_type":"box","text":"atmosphere from the use of purchased energy such as electricity,","page_number":2,"box":{"x":556,"y":349,"width":388,"height":9}},{"id":"2a043aa5-f7a4-4a7f-bc78-fee6d800acab","block_type":"box","text":"heat or steam. These are called “indirect emissions” because the","page_number":2,"box":{"x":556,"y":362,"width":383,"height":7}},{"id":"55cabd0c-3e7d-455a-b4aa-52a2b90cbd12","block_type":"box","text":"actual emissions are generated at another facility such as a power","page_number":2,"box":{"x":556,"y":375,"width":391,"height":9}},{"id":"e6849d6b-9341-4d06-815c-911f9536bc00","block_type":"box","text":"station.","page_number":2,"box":{"x":556,"y":388,"width":43,"height":7}},{"id":"544a926e-2555-4484-a814-349c743607a9","block_type":"box","text":"Scope 3","page_number":2,"box":{"x":556,"y":405,"width":51,"height":9}},{"id":"57536395-5699-4507-ba74-b097a286c474","block_type":"box","text":"emissions include all other indirect emissions that occur","page_number":2,"box":{"x":610,"y":405,"width":332,"height":7}},{"id":"0577e5bf-122b-457b-93eb-e9ca1865d0be","block_type":"box","text":"across the value chain and are outside of the organization’s direct","page_number":2,"box":{"x":556,"y":418,"width":386,"height":9}},{"id":"3dd35b1e-a7da-4cc9-8d81-77c0d919978b","block_type":"box","text":"control.","page_number":2,"box":{"x":556,"y":431,"width":44,"height":7}},{"id":"c3723cb3-5c0c-4b69-89a6-60164d5c7db0","block_type":"box","text":"Weighted Average Carbon Intensity - MSCI:","page_number":2,"box":{"x":515,"y":449,"width":277,"height":8}},{"id":"212dac65-e4ad-4a8e-900b-b84234583a48","block_type":"box","text":"Scope 1+2+3 -","page_number":2,"box":{"x":796,"y":449,"width":89,"height":8}},{"id":"f11b67a4-6521-4a79-9494-0aed9086b34b","block_type":"box","text":"Calculating a portfolio’s Weighted Average Carbon Intensity is achieved","page_number":2,"box":{"x":516,"y":461,"width":422,"height":9}},{"id":"67be8cbc-bfb5-4578-9cfd-41e0b966c17c","block_type":"box","text":"by calculating the carbon intensity (Scope 1 + 2 + 3 Emissions / $M","page_number":2,"box":{"x":516,"y":473,"width":394,"height":10}},{"id":"75c61dfe-92c2-42bb-ab2e-b3e5b73778a3","block_type":"box","text":"Sales) for each portfolio company and calculating the weighted average","page_number":2,"box":{"x":515,"y":487,"width":426,"height":9}},{"id":"c53fe397-9858-47a9-ad59-4f2bb1cec941","block_type":"box","text":"by portfolio weight.","page_number":2,"box":{"x":516,"y":500,"width":112,"height":9}},{"id":"54c34139-c545-402c-be06-2160c03067f6","block_type":"box","text":"Please note that the scope 1+2 and scope 1+2+3 values for Total Carbon","page_number":2,"box":{"x":516,"y":517,"width":428,"height":9}},{"id":"972d4299-8139-4551-b8dd-c74c9c982e40","block_type":"box","text":"Emissions, Carbon Footprint, and Weighted Average Carbon Intensity","page_number":2,"box":{"x":516,"y":530,"width":412,"height":9}},{"id":"9cc4363c-64ae-4387-9f35-638fd9b504a4","block_type":"box","text":"may not equal the sum of the individual values.","page_number":2,"box":{"x":516,"y":543,"width":274,"height":9}},{"id":"9af9d151-3c16-4d4d-b722-8c19714aeb15","block_type":"box","text":"This may occur for a","page_number":2,"box":{"x":796,"y":543,"width":122,"height":9}},{"id":"b6bb81cb-aec8-41c0-80c9-a5a3e1e96219","block_type":"box","text":"few reasons.","page_number":2,"box":{"x":515,"y":556,"width":74,"height":7}},{"id":"18dc59c6-0a3d-4ebe-bc54-2791e34c4e28","block_type":"box","text":"Each metric is a distinct data element provided by the","page_number":2,"box":{"x":596,"y":556,"width":318,"height":9}},{"id":"cd8c346b-3d3f-4463-b70b-02ed3cffc87b","block_type":"box","text":"vendor.","page_number":2,"box":{"x":515,"y":569,"width":44,"height":7}},{"id":"2254f06f-2cd0-4f11-838d-f050c29d4ed0","block_type":"box","text":"Data treatments for replacing null data with sub-industry","page_number":2,"box":{"x":568,"y":569,"width":335,"height":9}},{"id":"c1b89ec6-91e3-4a7d-93bc-639a5a6870f9","block_type":"box","text":"median data could cause differences in aggregated results.","page_number":2,"box":{"x":516,"y":582,"width":349,"height":8}},{"id":"93dc64c0-5a99-4688-b43b-64651e52b644","block_type":"box","text":"Data is","page_number":2,"box":{"x":872,"y":582,"width":40,"height":7}},{"id":"040d640b-d43d-4480-8a7a-5c2290dc9f3d","block_type":"box","text":"reported based on the most recent common fiscal year end, which may","page_number":2,"box":{"x":516,"y":594,"width":422,"height":9}},{"id":"a52d76a2-0647-47e2-92b3-592fe26c7ab9","block_type":"box","text":"vary for aggregated fields and is more likely with scope 3.","page_number":2,"box":{"x":515,"y":607,"width":337,"height":9}},{"id":"b89988f5-274b-4b20-a09a-7cf353a38a2e","block_type":"box","text":"Implied Temperature Rise (°C) – MSCI:","page_number":2,"box":{"x":516,"y":625,"width":244,"height":8}},{"id":"5c8c1cb3-f5af-4717-a8e1-f1cfa14be436","block_type":"box","text":"The climate scenario","page_number":2,"box":{"x":763,"y":625,"width":125,"height":7}},{"id":"4e4019a4-d6b5-406f-8ad6-a7d6adcd3079","block_type":"box","text":"alignment uses MSCI’s Implied Temperature Rise (ITR) model, Which","page_number":2,"box":{"x":516,"y":637,"width":405,"height":9}},{"id":"651ac3b3-3642-4552-95e9-a0157fa7b4bd","block_type":"box","text":"is a forward-looking temperature alignment metric for companies and","page_number":2,"box":{"x":516,"y":650,"width":412,"height":9}},{"id":"4fd4b179-7b9e-44ee-ab35-d3f0357089d3","block_type":"box","text":"portfolios. Specifically, the MSCI ITR methodology evaluates whether a","page_number":2,"box":{"x":516,"y":663,"width":419,"height":9}},{"id":"2b71d97a-4805-457d-baff-ea1b5b50d559","block_type":"box","text":"company or portfolio are aligned with the Paris Agreement temperature","page_number":2,"box":{"x":516,"y":676,"width":424,"height":9}},{"id":"633b8e89-3e75-43e0-b746-0b3be339f776","block_type":"box","text":"goals – in particular, the maximal goal of limiting global mean surface","page_number":2,"box":{"x":515,"y":689,"width":406,"height":9}},{"id":"379c68a2-5941-4170-b641-fce1fbe3ef36","block_type":"box","text":"temperature to an increase of no more than 1.5°C in the year 2100","page_number":2,"box":{"x":515,"y":702,"width":388,"height":8}},{"id":"1bcba5f5-5927-469f-9323-7c6972ce010d","block_type":"box","text":"compared with preindustrial levels. For example, an ITR of 2.5°C assigned","page_number":2,"box":{"x":516,"y":715,"width":433,"height":8}},{"id":"77ca9805-e0d9-469e-ba41-2a8a43277ed6","block_type":"box","text":"to a given portfolio would indicate that the portfolio is exceeding its fair","page_number":2,"box":{"x":515,"y":727,"width":418,"height":9}},{"id":"26710fb6-b212-42ce-af5a-9e3e0b7dce68","block_type":"box","text":"share of the global carbon budget, and that if everyone exceeded their","page_number":2,"box":{"x":515,"y":740,"width":417,"height":9}},{"id":"6ecca380-ce1d-47f3-87c2-e2c015e05bc4","block_type":"box","text":"fair shares by a similar proportion, by 2100 we would end up in a world","page_number":2,"box":{"x":515,"y":753,"width":412,"height":9}},{"id":"dda83337-b905-4589-a268-3f86b21d45c2","block_type":"box","text":"with >2.5°C of warming compared to pre-industrial levels. Please note","page_number":2,"box":{"x":515,"y":766,"width":411,"height":9}},{"id":"9ae43533-e3ea-4b5b-9d44-5b631c8d3c54","block_type":"box","text":"there is significant uncertainty related to this temperature estimate, and","page_number":2,"box":{"x":515,"y":779,"width":425,"height":9}},{"id":"31985a0d-a3ec-448a-89c8-f40427c00930","block_type":"box","text":"outputs differ amongst different data vendors as methodologies continue","page_number":2,"box":{"x":516,"y":792,"width":433,"height":8}},{"id":"781f936b-8c98-430e-9905-06b2f8de8354","block_type":"box","text":"to evolve and mature.","page_number":2,"box":{"x":515,"y":805,"width":127,"height":6}},{"id":"35843b8c-4130-4f94-ab6a-19af1553c819","block_type":"box","text":"Portfolio:","page_number":2,"box":{"x":556,"y":822,"width":58,"height":7}},{"id":"a8a68108-265e-4007-a27a-3e24a5c17639","block_type":"box","text":"Implied Temperature Rise aggregated at the Portfolio","page_number":2,"box":{"x":618,"y":822,"width":315,"height":9}},{"id":"27f14f4d-66bf-4639-98a1-93c4c687d6b4","block_type":"box","text":"Level.","page_number":2,"box":{"x":556,"y":835,"width":34,"height":7}},{"id":"d5a9e2b1-9d75-4f48-bab7-54212c760d38","block_type":"box","text":"Climate Value at Risk- MSCI: (Climate VaR)","page_number":2,"box":{"x":515,"y":852,"width":273,"height":8}},{"id":"d404fa36-f40e-4aaa-979b-91a226d92fe9","block_type":"box","text":"is a measure to estimate","page_number":2,"box":{"x":792,"y":853,"width":144,"height":6}},{"id":"440a486f-ae7c-489e-b254-fb953fa85d73","block_type":"box","text":"the potential financial losses that a company or portfolio of assets could","page_number":2,"box":{"x":515,"y":865,"width":426,"height":9}},{"id":"07063a1c-1b08-4eaf-bd39-857601a194be","block_type":"box","text":"incur as a result of climate change. For additional details Climate Value at","page_number":2,"box":{"x":516,"y":878,"width":431,"height":9}},{"id":"1801f5b4-54d6-4fd7-8a7d-79c638d86ec1","block_type":"box","text":"Risk metrics included on this report","page_number":2,"box":{"x":516,"y":891,"width":210,"height":9}},{"id":"bf2e8dc6-8518-48dc-bfba-3f275d933c24","block_type":"box","text":"click h","page_number":2,"box":{"x":729,"y":891,"width":37,"height":7}},{"id":"23394ab8-160f-4b7b-8b5c-0031f863944a","block_type":"box","text":"ere","page_number":2,"box":{"x":767,"y":893,"width":19,"height":5}},{"id":"34980ef3-f621-4f92-b676-4f426a8195ab","block_type":"box","text":".","page_number":2,"box":{"x":787,"y":897,"width":2,"height":1}},{"id":"f2fd5f08-8b2d-482e-80af-8411f9305e58","block_type":"box","text":"Report ID: 5648553.1","page_number":2,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"1ccaff2a-7086-4ff1-82c5-64ec16bd686d","block_type":"box","text":"Published: 13 Oct 2026","page_number":2,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"0ce0d3a6-fce4-4c3d-b1d5-9c84efc4cca7","block_type":"box","text":"P","page_number":2,"box":{"x":899,"y":968,"width":6,"height":6}},{"id":"bf62c57a-5b69-4138-a531-08b053f2a72c","block_type":"box","text":"a","page_number":2,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"9c98dcfc-6404-482a-8d2f-0a69e0579910","block_type":"box","text":"g","page_number":2,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"a0f22495-608d-4ccb-b8e3-fcd513b45108","block_type":"box","text":"e","page_number":2,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"f27b1df3-d72d-49c5-95c7-4941c6f3aac7","block_type":"box","text":"2","page_number":2,"box":{"x":924,"y":968,"width":6,"height":6}},{"id":"354c73aa-3698-4de2-9b03-6ccf62d4834e","block_type":"box","text":"of","page_number":2,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"a459ee5f-b466-42d8-9717-7c03fe575fb7","block_type":"box","text":"4","page_number":2,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"e3d7e750-0993-4206-9c01-8144af10a3d2","block_type":"box","text":"Disclosures","page_number":3,"box":{"x":52,"y":58,"width":166,"height":15}},{"id":"02d2f1d0-c6ba-4d0c-88a0-d057e8540225","block_type":"box","text":"State Street Global Advisors (SSGA) is now State Street Investment","page_number":3,"box":{"x":51,"y":92,"width":433,"height":8}},{"id":"59d18ebe-c2fc-46f2-96de-8c6d478ff457","block_type":"box","text":"Management. Please","page_number":3,"box":{"x":51,"y":105,"width":132,"height":9}},{"id":"ad36e727-6b20-445e-b827-025f08fb6b22","block_type":"box","text":"click here","page_number":3,"box":{"x":187,"y":105,"width":63,"height":7}},{"id":"76df259a-93af-4535-971f-88a58f492696","block_type":"box","text":"for more information.","page_number":3,"box":{"x":253,"y":105,"width":135,"height":7}},{"id":"790c3661-80bd-40cd-87d0-1c22fb252814","block_type":"box","text":"Marketing Communication","page_number":3,"box":{"x":51,"y":122,"width":170,"height":9}},{"id":"48a16eb6-2ed7-4d88-8d24-ac7dfd673218","block_type":"box","text":"For institutional / professional investors use only.","page_number":3,"box":{"x":51,"y":140,"width":310,"height":9}},{"id":"2737f143-fd44-4260-bbcb-f22e4dbbdeab","block_type":"box","text":"The information presented above is intended to provide transparency","page_number":3,"box":{"x":51,"y":158,"width":413,"height":8}},{"id":"a53b3f28-4e5a-46f6-82a8-e8fbbcaba87a","block_type":"box","text":"to investors around sustainability characteristics of the fund. Presenting","page_number":3,"box":{"x":50,"y":170,"width":427,"height":9}},{"id":"799a356d-9883-4c5d-aac1-13eb2ac4c8e4","block_type":"box","text":"this information should not be construed as a representation of the fund’s","page_number":3,"box":{"x":50,"y":183,"width":434,"height":9}},{"id":"3d286f25-358a-47b1-b14d-692ca5366ee0","block_type":"box","text":"current or future investment objective, nor should it be viewed as an","page_number":3,"box":{"x":51,"y":196,"width":400,"height":9}},{"id":"fcfceea7-dc51-4e7d-bae0-ff7bc893fe7d","block_type":"box","text":"indicator of the fund manager’s current or future investment decision","page_number":3,"box":{"x":51,"y":209,"width":413,"height":9}},{"id":"82ebf9c8-eae2-4f9e-a087-95f83c54dfd1","block_type":"box","text":"making.","page_number":3,"box":{"x":51,"y":222,"width":46,"height":8}},{"id":"41bf7205-ad78-4780-8b54-d4d89a401396","block_type":"box","text":"Investing involves risk including the risk of loss of principal.","page_number":3,"box":{"x":51,"y":239,"width":345,"height":9}},{"id":"18b41fec-7b2e-489d-89fa-6b84ea3e4d6d","block_type":"box","text":"The whole or any part of this work may not be reproduced, copied or","page_number":3,"box":{"x":51,"y":257,"width":405,"height":9}},{"id":"ffd1a637-3d34-472d-8848-3377aa33a1b9","block_type":"box","text":"transmitted or any of its contents disclosed to third parties without","page_number":3,"box":{"x":50,"y":270,"width":395,"height":8}},{"id":"4dc7f0d1-57d3-43d8-9019-8dbc4c98cc7c","block_type":"box","text":"SSGA’s express written consent.","page_number":3,"box":{"x":51,"y":283,"width":192,"height":8}},{"id":"2343fab4-bc02-43a4-b2a9-23649e8f15fe","block_type":"box","text":"All information is from SSGA unless otherwise noted and has been","page_number":3,"box":{"x":51,"y":300,"width":393,"height":7}},{"id":"0325506f-c5a1-4fbe-a6f1-d6e1001387bc","block_type":"box","text":"obtained from sources believed to be reliable, but its accuracy is not","page_number":3,"box":{"x":51,"y":313,"width":403,"height":9}},{"id":"e6cc60d6-8ea9-4006-8fe6-9579f8dc85da","block_type":"box","text":"guaranteed. There is no representation or warranty as to the current","page_number":3,"box":{"x":51,"y":326,"width":406,"height":9}},{"id":"08685267-706f-459d-959e-a7f4111329fc","block_type":"box","text":"accuracy, reliability or completeness of, nor liability for, decisions based","page_number":3,"box":{"x":51,"y":339,"width":421,"height":8}},{"id":"7a87cb42-0fb7-46ab-90f6-6b89472c0cab","block_type":"box","text":"on such information and it should not be relied on as such.","page_number":3,"box":{"x":51,"y":351,"width":341,"height":7}},{"id":"9b876368-1ebe-4e0d-98cd-1ebc3ff9109b","block_type":"box","text":"The information provided does not constitute investment advice as such","page_number":3,"box":{"x":51,"y":369,"width":429,"height":9}},{"id":"37b18103-d1ae-4527-91b1-965b2e3e78ef","block_type":"box","text":"term is defined under the Markets in Financial Instruments Directive","page_number":3,"box":{"x":50,"y":382,"width":402,"height":7}},{"id":"bdaae490-dcb2-4a51-8037-06335fe1ab4f","block_type":"box","text":"(2014/65/EU) or applicable Swiss regulation and it should not be relied on","page_number":3,"box":{"x":51,"y":394,"width":433,"height":9}},{"id":"fa3db92a-9193-4a10-b6ff-238cfbb85b2e","block_type":"box","text":"as such. It should not be considered a solicitation to buy or an offer to sell","page_number":3,"box":{"x":51,"y":407,"width":430,"height":9}},{"id":"934ee949-001f-4dab-bcd3-45c47985a02a","block_type":"box","text":"any investment. It does not take into account any investor’s or potential","page_number":3,"box":{"x":51,"y":420,"width":420,"height":9}},{"id":"bf3978d8-327c-41f6-be53-d5bfaecb56f3","block_type":"box","text":"investor’s particular investment objectives, strategies, tax status, risk","page_number":3,"box":{"x":51,"y":433,"width":408,"height":9}},{"id":"e1c41003-86cf-4832-b80c-c0eda34c84a8","block_type":"box","text":"appetite or investment horizon. If you require investment advice you","page_number":3,"box":{"x":51,"y":446,"width":401,"height":9}},{"id":"d211ddd8-6d19-4680-a79f-4b67a09534e6","block_type":"box","text":"should consult your tax and financial or other professional advisor.","page_number":3,"box":{"x":51,"y":459,"width":391,"height":8}},{"id":"31bd5d13-b5c6-42f8-8d0b-f698df4ee8af","block_type":"box","text":"The information contained in this communication is not a research","page_number":3,"box":{"x":51,"y":476,"width":421,"height":7}},{"id":"b1ea9aba-31ff-4c5a-9445-3311639a7eaf","block_type":"box","text":"recommendation or ‘investment research’ and is classified as a","page_number":3,"box":{"x":51,"y":489,"width":400,"height":7}},{"id":"c32c87f8-440b-47a8-ba2f-b4173f96d7e4","block_type":"box","text":"‘Marketing Communication’ in accordance with the applicable","page_number":3,"box":{"x":51,"y":502,"width":394,"height":9}},{"id":"4bad1fe4-a884-40ac-9b2f-a8cbd79a92cc","block_type":"box","text":"regional regulation. This means that this marketing communication","page_number":3,"box":{"x":51,"y":515,"width":427,"height":9}},{"id":"b9dae60b-2d78-427a-89c8-3a0a0d64350d","block_type":"box","text":"(a) has not been prepared in accordance with legal requirements","page_number":3,"box":{"x":51,"y":527,"width":411,"height":9}},{"id":"0ec72747-a41d-4322-a0c0-20d8d88cf703","block_type":"box","text":"designed to promote the independence of investment research","page_number":3,"box":{"x":51,"y":540,"width":400,"height":9}},{"id":"474c5748-c66b-4466-b461-616314ac7f3e","block_type":"box","text":"(b) is not subject to any prohibition on dealing ahead of the","page_number":3,"box":{"x":51,"y":553,"width":371,"height":9}},{"id":"f82eac2b-e164-42b8-92a3-cf0f16fb98fd","block_type":"box","text":"dissemination of investment research.","page_number":3,"box":{"x":51,"y":566,"width":243,"height":7}},{"id":"0c2ecd11-3a36-4094-a911-740378931360","block_type":"box","text":"This communication is directed at professional clients (this includes","page_number":3,"box":{"x":51,"y":584,"width":402,"height":8}},{"id":"38c2ea38-c3cd-4008-9226-dc12430a636e","block_type":"box","text":"eligible counterparties as defined by the appropriate EU regulator)","page_number":3,"box":{"x":51,"y":596,"width":392,"height":9}},{"id":"4e36a82e-7799-4c48-98ab-14347ed341ad","block_type":"box","text":"who are deemed both knowledgeable and experienced in matters","page_number":3,"box":{"x":50,"y":609,"width":390,"height":9}},{"id":"10b98806-a086-48e5-942c-53f10ea30ed9","block_type":"box","text":"relating to investments. The products and services to which this","page_number":3,"box":{"x":51,"y":622,"width":377,"height":9}},{"id":"b8e6e96d-5dcb-422d-9c46-f876ca438493","block_type":"box","text":"communication relates are only available to such persons and persons","page_number":3,"box":{"x":51,"y":635,"width":417,"height":9}},{"id":"0fd6876c-ead8-4237-b392-63981039b955","block_type":"box","text":"of any other description (including retail clients) should not rely on this","page_number":3,"box":{"x":51,"y":648,"width":414,"height":9}},{"id":"2dee3d28-ff1f-4b4f-a9da-9761ff2aba8c","block_type":"box","text":"communication.","page_number":3,"box":{"x":51,"y":661,"width":95,"height":7}},{"id":"332a1334-55eb-4e4f-aefc-e8c79977728c","block_type":"box","text":"Equity securities may fluctuate in value and can decline significantly in","page_number":3,"box":{"x":51,"y":678,"width":414,"height":9}},{"id":"b7f30d38-83d3-437e-ad9f-f16c027437d7","block_type":"box","text":"response to the activities of individual companies and general market","page_number":3,"box":{"x":51,"y":691,"width":411,"height":9}},{"id":"ce92e450-9428-4acb-a497-e4640432f622","block_type":"box","text":"and economic conditions.","page_number":3,"box":{"x":51,"y":704,"width":152,"height":7}},{"id":"5867bc10-f3ed-4fe9-ab5f-4bdef6d270d6","block_type":"box","text":"Bonds generally present less short-term risk and volatility than stocks,","page_number":3,"box":{"x":51,"y":722,"width":415,"height":8}},{"id":"9f902b4c-a731-47a1-b9b9-da6ebae34ae0","block_type":"box","text":"but contain interest rate risk (as interest rates raise, bond prices usually","page_number":3,"box":{"x":51,"y":734,"width":423,"height":9}},{"id":"28f1a00b-b907-49d5-8833-b28239355f10","block_type":"box","text":"fall); issuer default risk; issuer credit risk; liquidity risk; and inflation risk.","page_number":3,"box":{"x":50,"y":747,"width":418,"height":9}},{"id":"1660797e-3914-4349-9e36-5ca885fcaa20","block_type":"box","text":"These effects are usually pronounced for longer-term securities. Any","page_number":3,"box":{"x":51,"y":760,"width":408,"height":9}},{"id":"6ed46b99-4ab1-49ce-8fc0-dbd8c983bcab","block_type":"box","text":"fixed income security sold or redeemed prior to maturity may be subject","page_number":3,"box":{"x":50,"y":773,"width":429,"height":9}},{"id":"38db4b21-7268-4daa-ba1c-734bfc45d556","block_type":"box","text":"to a substantial gain or loss.","page_number":3,"box":{"x":50,"y":786,"width":163,"height":8}},{"id":"ee322bea-8495-47ff-9b70-9a84866e683f","block_type":"box","text":"ETFs trade like stocks, are subject to investment risk, fluctuate in market","page_number":3,"box":{"x":51,"y":803,"width":430,"height":9}},{"id":"3adaf7a1-3b19-4a77-abfb-bd58aa054686","block_type":"box","text":"value and may trade at prices above or below the ETFs net asset value.","page_number":3,"box":{"x":50,"y":816,"width":420,"height":9}},{"id":"dceb768d-9773-4841-9e62-168e303c2112","block_type":"box","text":"Brokerage commissions and ETF expenses will reduce returns.","page_number":3,"box":{"x":51,"y":829,"width":372,"height":9}},{"id":"9ddbf19c-b3d3-4c72-934a-852cf5539164","block_type":"box","text":"The S&P 500® Index is a product of S&P Dow Jones Indices LLC or its","page_number":3,"box":{"x":51,"y":846,"width":414,"height":9}},{"id":"7b75bb02-ad8b-4c77-ae6a-c34ef13ee477","block_type":"box","text":"affiliates (“S&P DJI”) and have been licensed for use by State Street","page_number":3,"box":{"x":51,"y":859,"width":400,"height":9}},{"id":"712a1645-c4ac-4936-9892-116f923cc06a","block_type":"box","text":"Global Advisors. S&P®, SPDR®, S&P 500®,US 500 and the 500 are","page_number":3,"box":{"x":51,"y":872,"width":396,"height":8}},{"id":"f3b39660-b886-4491-a314-5c02f8ec0c66","block_type":"box","text":"trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow","page_number":3,"box":{"x":50,"y":885,"width":416,"height":8}},{"id":"d3ad2fee-821d-47b6-ae6b-da9cbe97852b","block_type":"box","text":"Jones® is a registered trademark of Dow Jones Trademark Holdings","page_number":3,"box":{"x":51,"y":898,"width":403,"height":8}},{"id":"620ad56a-939e-4780-916f-524488327f77","block_type":"box","text":"LLC (“Dow Jones”) and has been licensed for use by S&P Dow Jones","page_number":3,"box":{"x":51,"y":910,"width":407,"height":9}},{"id":"2780ebf9-36f2-4fdc-adcd-88f6b84a9f49","block_type":"box","text":"Indices; and these trademarks have been licensed for use by S&P DJI","page_number":3,"box":{"x":51,"y":923,"width":410,"height":9}},{"id":"91a64b91-d985-41f9-a926-4fb52a5485c4","block_type":"box","text":"and sublicensed for certain purposes by State Street Global Advisors.","page_number":3,"box":{"x":516,"y":92,"width":414,"height":9}},{"id":"5ea3f6e5-ac24-4673-b295-aa3c942aed72","block_type":"box","text":"The fund is not sponsored, endorsed, sold or promoted by S&P DJI, Dow","page_number":3,"box":{"x":515,"y":105,"width":429,"height":8}},{"id":"e55f4dfc-a235-4826-96f1-6e5a7300af8f","block_type":"box","text":"Jones, S&P, their respective affiliates, and none of such parties make any","page_number":3,"box":{"x":515,"y":118,"width":432,"height":8}},{"id":"3a94cb6c-7586-4a1d-acf7-ebf083b11b2c","block_type":"box","text":"representation regarding the advisability of investing in such product(s)","page_number":3,"box":{"x":516,"y":130,"width":421,"height":9}},{"id":"6d734bad-6135-46ed-9e22-0b8bbf9735d7","block_type":"box","text":"nor do they have any liability for any errors, omissions, or interruptions of","page_number":3,"box":{"x":516,"y":143,"width":429,"height":9}},{"id":"711dec56-ff83-47eb-b261-11e27aa47d8c","block_type":"box","text":"these indices.","page_number":3,"box":{"x":515,"y":156,"width":81,"height":7}},{"id":"b71eadc3-4d11-45f9-86fe-652d5048b240","block_type":"box","text":"Please refer to the Fund’s latest Key Information Document (KID)/","page_number":3,"box":{"x":516,"y":174,"width":416,"height":8}},{"id":"b27bb585-0333-4fde-9794-1cc27a9988d8","block_type":"box","text":"Key Investor Information Document (KIID) and Prospectus before","page_number":3,"box":{"x":516,"y":186,"width":415,"height":9}},{"id":"bbd88c50-e9af-425d-b6d9-01e4f6c996ad","block_type":"box","text":"making any final investment decision. The latest English version of","page_number":3,"box":{"x":516,"y":199,"width":422,"height":9}},{"id":"a84e81af-f9b4-4154-b7b3-d1286085f83e","block_type":"box","text":"the prospectus and the KID/KIID can be found at","page_number":3,"box":{"x":515,"y":212,"width":307,"height":9}},{"id":"4f06ec9b-62e2-418a-af91-6af7bd5489c6","block_type":"box","text":"www.ssga.com","page_number":3,"box":{"x":825,"y":214,"width":97,"height":7}},{"id":"88bdad78-f7a5-41e1-aff1-57ec53df68c9","block_type":"box","text":". A","page_number":3,"box":{"x":923,"y":212,"width":16,"height":7}},{"id":"0f61c943-6d17-43cf-ab4d-2b64dde81ff8","block_type":"box","text":"summary of investor rights can be found here:","page_number":3,"box":{"x":515,"y":225,"width":292,"height":9}},{"id":"565e2ddc-fc0d-4cd2-9774-30121aaa4510","block_type":"box","text":"https://www.ssga.","page_number":3,"box":{"x":811,"y":225,"width":116,"height":9}},{"id":"be6d0a42-751d-4fe4-a227-20a66a2985f8","block_type":"box","text":"com/library-content/products/fund-docs/summary-of-investor","page_number":3,"box":{"x":515,"y":238,"width":421,"height":8}},{"id":"695762d5-6a4a-4dba-88bc-ca8c55503fc6","block_type":"box","text":"rights/ssga-investors-rights-summary-template-non-etf-Lu","page_number":3,"box":{"x":516,"y":250,"width":390,"height":9}},{"id":"2e5095a4-0ab2-4110-9b42-d441dea0a789","block_type":"box","text":"x.pdf","page_number":3,"box":{"x":906,"y":251,"width":35,"height":8}},{"id":"922ac23a-6fef-4b05-b865-5287efc3de18","block_type":"box","text":"Note that the Management Company may decide to terminate the","page_number":3,"box":{"x":516,"y":268,"width":418,"height":9}},{"id":"44f49ee9-64e0-40e5-b07b-5123f148d793","block_type":"box","text":"arrangements made for marketing and proceed with de-notification","page_number":3,"box":{"x":515,"y":281,"width":431,"height":9}},{"id":"16431799-c47d-4cf1-b8bc-0aba9739a054","block_type":"box","text":"in compliance with Article 93a of Directive 2009/65/EC.","page_number":3,"box":{"x":516,"y":294,"width":354,"height":8}},{"id":"d2c20b25-2c88-4316-ba41-d3dcbb676f99","block_type":"box","text":"Investors should not evaluate an investment in the fund based solely","page_number":3,"box":{"x":516,"y":311,"width":403,"height":9}},{"id":"9fc6a658-ce3b-4abd-9bee-9a36cea81ae0","block_type":"box","text":"on the information above, but should consider other factors, including","page_number":3,"box":{"x":516,"y":324,"width":411,"height":9}},{"id":"dce0047d-7a2b-4a68-ab36-2d7880cde98a","block_type":"box","text":"the fund’s overall investment objective and risk profile. Investors are","page_number":3,"box":{"x":515,"y":337,"width":401,"height":9}},{"id":"a305b007-ece6-4a41-81f8-204a18aab523","block_type":"box","text":"encouraged to review the fund’s prospectus [https://www.ssga.com/","page_number":3,"box":{"x":516,"y":350,"width":402,"height":9}},{"id":"293ac9ce-4fd6-4c80-b40d-ba90eecc5eaf","block_type":"box","text":"fund-finder?tab=documents] and KIID for more information regarding","page_number":3,"box":{"x":515,"y":363,"width":416,"height":9}},{"id":"96315ed2-3176-4407-889f-0c646f4426ce","block_type":"box","text":"the fund and where applicable, the fund’s SFDR category.","page_number":3,"box":{"x":515,"y":376,"width":338,"height":8}},{"id":"1353995e-67a1-464a-b879-3f7e7f22ac9d","block_type":"box","text":"Sustainability data is sourced from external providers. This data may","page_number":3,"box":{"x":515,"y":393,"width":408,"height":9}},{"id":"a14a4dc1-e644-4b18-a5cb-73a311c5d9dd","block_type":"box","text":"be incomplete, inaccurate, or unavailable for certain companies, which","page_number":3,"box":{"x":516,"y":406,"width":416,"height":9}},{"id":"6079050e-6c86-4634-82ef-339019ee02cf","block_type":"box","text":"could limit the ability to fully capture or reflect their sustainability","page_number":3,"box":{"x":516,"y":419,"width":382,"height":8}},{"id":"f73b3980-17da-429e-a316-0d9d7cdeb0e6","block_type":"box","text":"characteristics. As a result, there may be limitations reported in the","page_number":3,"box":{"x":516,"y":432,"width":397,"height":8}},{"id":"bbfa8d8b-8369-4123-bfb1-a8c9bbf7e044","block_type":"box","text":"sustainability metrics or indicators.","page_number":3,"box":{"x":515,"y":445,"width":207,"height":8}},{"id":"fa5411ac-3f06-49f2-ba02-f078a899a45b","block_type":"box","text":"The third-party information above has been obtained from sources","page_number":3,"box":{"x":515,"y":462,"width":398,"height":9}},{"id":"ae4dcb91-f161-4082-acb4-09f4b66d7894","block_type":"box","text":"believed to be reliable as of the date indicated, but its accuracy is not","page_number":3,"box":{"x":516,"y":475,"width":407,"height":9}},{"id":"40fce45b-1c5d-4eed-9bbc-7af5132acc06","block_type":"box","text":"guaranteed by SSGA. SSGA is not liable for investment decisions based","page_number":3,"box":{"x":515,"y":488,"width":427,"height":9}},{"id":"c05a5dc3-92f0-45be-9692-823d728957cd","block_type":"box","text":"on this information and it should not be relied on as such. There is no","page_number":3,"box":{"x":516,"y":501,"width":403,"height":7}},{"id":"45ca3a51-5f3e-40d5-994b-71a5301419b0","block_type":"box","text":"representation or warranty as to the current accuracy, reliability or","page_number":3,"box":{"x":516,"y":514,"width":393,"height":8}},{"id":"3a628bf1-5f4e-4539-9873-6fbcb901af2a","block_type":"box","text":"completeness of this information.","page_number":3,"box":{"x":516,"y":526,"width":197,"height":9}},{"id":"d102183d-f0d6-4727-bb66-66576f13560a","block_type":"box","text":"Data and metrics have been sourced as follows from the following","page_number":3,"box":{"x":516,"y":544,"width":389,"height":9}},{"id":"508cd89d-2774-4136-b9af-980b711a1dd1","block_type":"box","text":"contributors as of the date of this report, and are subject to their","page_number":3,"box":{"x":516,"y":557,"width":379,"height":8}},{"id":"5e8decf8-febe-4715-9473-70162fd4dba4","block_type":"box","text":"disclosures below. All other data has been sourced by SSGA.","page_number":3,"box":{"x":516,"y":569,"width":360,"height":9}},{"id":"ed2b6c21-487b-4007-9eee-87aeae1c7de2","block_type":"box","text":"Source: MSCI: Certain information contained herein (the “Information”)","page_number":3,"box":{"x":515,"y":587,"width":419,"height":8}},{"id":"5cda6d58-ed61-420b-91e7-7c3fd14249c4","block_type":"box","text":"is sourced from/copyright of MSCI Inc., MSCI ESG Research LLC, or their","page_number":3,"box":{"x":516,"y":600,"width":431,"height":9}},{"id":"7cd7a8fb-6161-4dbb-94a6-b86fafa7443a","block_type":"box","text":"affiliates (“MSCI”), or information providers (together the “MSCI Parties”)","page_number":3,"box":{"x":516,"y":612,"width":428,"height":9}},{"id":"531780cc-c19e-4f41-987d-cf34a787638d","block_type":"box","text":"and may have been used to calculate scores, signals, or other indicators.","page_number":3,"box":{"x":516,"y":626,"width":427,"height":8}},{"id":"d7a566b3-576e-4c49-a47b-09bb35b4463e","block_type":"box","text":"The Information is for internal use only and may not be reproduced or","page_number":3,"box":{"x":515,"y":638,"width":411,"height":9}},{"id":"2abffc46-f4e1-456d-be53-b040cc41ea82","block_type":"box","text":"disseminated in whole or part without prior written permission. The","page_number":3,"box":{"x":516,"y":651,"width":395,"height":9}},{"id":"f2abce67-3da3-4fd9-93dc-da9b890b1057","block_type":"box","text":"Information may not be used for, nor does it constitute, an offer to buy","page_number":3,"box":{"x":516,"y":664,"width":411,"height":9}},{"id":"4255b165-dae2-498e-9500-1eda23bbcdf5","block_type":"box","text":"or sell, or a promotion or recommendation of, any security, financial","page_number":3,"box":{"x":516,"y":677,"width":396,"height":8}},{"id":"d7db7720-e46c-4334-91ca-08fe25968e2d","block_type":"box","text":"instrument or product, trading strategy, or index, nor should it be taken as","page_number":3,"box":{"x":516,"y":690,"width":433,"height":8}},{"id":"8c4e5e50-51d9-4b16-a2bc-970d3bf2af4f","block_type":"box","text":"an indication or guarantee of any future performance. Some funds may","page_number":3,"box":{"x":516,"y":702,"width":420,"height":9}},{"id":"283baf68-0dd0-4656-b69d-47384ccbd7b3","block_type":"box","text":"be based on or linked to MSCI indexes, and MSCI may be compensated","page_number":3,"box":{"x":516,"y":715,"width":422,"height":9}},{"id":"03d5c39b-994e-4d18-a5ed-7dd9be234e07","block_type":"box","text":"based on the fund’s assets under management or other measures.","page_number":3,"box":{"x":516,"y":728,"width":392,"height":9}},{"id":"1c7b2816-3a43-41d1-885e-81686302128b","block_type":"box","text":"MSCI has established an information barrier between index research","page_number":3,"box":{"x":516,"y":741,"width":407,"height":7}},{"id":"5fede3e3-decf-4a48-9953-9a09268c9c64","block_type":"box","text":"and certain Information. None of the Information in and of itself can be","page_number":3,"box":{"x":516,"y":754,"width":413,"height":7}},{"id":"364fb1fc-5a0b-4e49-b47f-cd0a47ec765f","block_type":"box","text":"used to determine which securities to buy or sell or when to buy or sell","page_number":3,"box":{"x":516,"y":767,"width":412,"height":8}},{"id":"35e79328-f8ae-4624-8efd-1359eac88151","block_type":"box","text":"them. The Information is provided “as is” and the user assumes the entire","page_number":3,"box":{"x":515,"y":779,"width":431,"height":9}},{"id":"97b48fad-02a2-4fc0-9e97-2effdb92d377","block_type":"box","text":"risk of any use it may make or permit to be made of the Information.","page_number":3,"box":{"x":516,"y":792,"width":398,"height":9}},{"id":"e13105e0-eee4-4727-8b7f-ad3f0eeda47b","block_type":"box","text":"No MSCI Party warrants or guarantees the originality, accuracy and/","page_number":3,"box":{"x":516,"y":805,"width":403,"height":9}},{"id":"afe5afda-7e42-4f5a-b2d6-a5e5242efafa","block_type":"box","text":"or completeness of the Information and each expressly disclaims all","page_number":3,"box":{"x":516,"y":818,"width":401,"height":9}},{"id":"07577d55-ba76-441f-97ad-f08303a9dc51","block_type":"box","text":"express or implied warranties. No MSCI Party shall have any liability for","page_number":3,"box":{"x":516,"y":831,"width":418,"height":8}},{"id":"3b926a8a-b78f-413b-9db7-be56e6c74498","block_type":"box","text":"any errors or omissions in connection with any Information herein, or any","page_number":3,"box":{"x":516,"y":844,"width":428,"height":8}},{"id":"74801c68-9be2-41db-83aa-9db252279f04","block_type":"box","text":"liability for any direct, indirect, special, punitive, consequential or any","page_number":3,"box":{"x":516,"y":856,"width":405,"height":9}},{"id":"c53b2b91-acdf-40f5-a60a-ca683ac9d8e2","block_type":"box","text":"other damages (including lost profits) even if notified of the possibility of","page_number":3,"box":{"x":516,"y":869,"width":426,"height":9}},{"id":"970d0b55-52a6-4f22-9a03-15976d6bf528","block_type":"box","text":"such damages.","page_number":3,"box":{"x":515,"y":882,"width":89,"height":9}},{"id":"2e73791c-a09a-41d0-8e1b-07d9252269e4","block_type":"box","text":"The returns on a portfolio of securities which exclude companies that do","page_number":3,"box":{"x":515,"y":900,"width":429,"height":8}},{"id":"e55e3c50-3fc2-45a8-ac12-c8aa57c5084e","block_type":"box","text":"not meet the portfolio’s sustainable strategy criteria may trail the returns","page_number":3,"box":{"x":516,"y":912,"width":428,"height":9}},{"id":"1b0a2ee1-4f3e-4cb6-9180-c931a4dea40a","block_type":"box","text":"on a portfolio of securities which include such companies. A portfolio’s","page_number":3,"box":{"x":516,"y":925,"width":415,"height":9}},{"id":"986a614a-ebbe-4eea-aec2-a93b8e61e586","block_type":"box","text":"Report ID: 5648553.1","page_number":3,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"91b02e56-d7ec-458f-9a92-1d535c82751e","block_type":"box","text":"Published: 13 Oct 2026","page_number":3,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"851bbe1a-0093-45ad-9f62-0228f47c137a","block_type":"box","text":"P","page_number":3,"box":{"x":899,"y":968,"width":5,"height":6}},{"id":"7647321c-1dbe-43d7-b4b9-bfd9cc087e0f","block_type":"box","text":"a","page_number":3,"box":{"x":905,"y":970,"width":5,"height":4}},{"id":"c62ae7c8-d0be-4e66-9218-53f281678d0e","block_type":"box","text":"g","page_number":3,"box":{"x":910,"y":970,"width":6,"height":5}},{"id":"87b63775-4b4f-49ed-946f-f28588db3131","block_type":"box","text":"e","page_number":3,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"58e499e0-dab0-4d31-8737-3e371fe9f80d","block_type":"box","text":"3","page_number":3,"box":{"x":924,"y":968,"width":5,"height":6}},{"id":"97a90a3f-d54d-40ab-9b12-25e3d07004ed","block_type":"box","text":"of","page_number":3,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"39e3fa47-4a82-42e3-8597-d1f9f53500fd","block_type":"box","text":"4","page_number":3,"box":{"x":943,"y":968,"width":7,"height":6}},{"id":"3680d788-9534-43b1-9e15-611b0f6a29fa","block_type":"box","text":"sustainable strategy criteria may result in the portfolio investing in","page_number":4,"box":{"x":50,"y":35,"width":389,"height":9}},{"id":"e369dc59-7cec-47c7-887b-29f11d44168e","block_type":"box","text":"industry sectors or securities which underperform the market as a whole.","page_number":4,"box":{"x":51,"y":48,"width":432,"height":8}},{"id":"f32953a5-fd5c-4639-9665-be2fdf39c101","block_type":"box","text":"For AIFMD Funds where applicable:","page_number":4,"box":{"x":51,"y":66,"width":224,"height":8}},{"id":"65d89a4d-e986-4b9d-a9b6-26e8ab32a072","block_type":"box","text":"For Professional Client/Qualified Investor Use Only in the","page_number":4,"box":{"x":51,"y":83,"width":360,"height":9}},{"id":"fd75f753-8f96-4b3e-8e72-195581c3e179","block_type":"box","text":"Switzerland, Netherlands, Sweden and United Kingdom. Not for","page_number":4,"box":{"x":50,"y":96,"width":404,"height":9}},{"id":"d84047e3-60c5-4690-93bf-a2b0b681fe2b","block_type":"box","text":"public distribution.","page_number":4,"box":{"x":51,"y":109,"width":119,"height":8}},{"id":"6ae2e146-7c94-42bb-b903-b78ed38dffef","block_type":"box","text":"In the UK, this document has been issued by State Street Global Advisors","page_number":4,"box":{"x":51,"y":126,"width":433,"height":9}},{"id":"b9e6fcb8-8329-46d1-b152-5eff18cb0a67","block_type":"box","text":"Limited (“SSGAL”). Authorized and regulated by the Financial Conduct","page_number":4,"box":{"x":51,"y":139,"width":418,"height":9}},{"id":"4c6e962f-6bce-4ac9-b5b6-6fc48ecdf9be","block_type":"box","text":"Authority, Registered No.2509928. VAT No. 5776591 81. Registered","page_number":4,"box":{"x":50,"y":152,"width":398,"height":9}},{"id":"07d80718-287d-44ee-bede-6638bc7a2426","block_type":"box","text":"office: 20 Churchill Place, Canary Wharf, London, E14 5HJ. Telephone:","page_number":4,"box":{"x":50,"y":165,"width":413,"height":8}},{"id":"efde1b71-b2c5-4682-95c4-8f867bef3266","block_type":"box","text":"020 3395 6000. Facsimile: 020 3395 6350 Web:","page_number":4,"box":{"x":50,"y":178,"width":292,"height":6}},{"id":"4c896430-6817-4d7f-94c7-c1108c632d5f","block_type":"box","text":"www.ssga","page_number":4,"box":{"x":346,"y":179,"width":58,"height":7}},{"id":"1f297834-005c-484d-8f69-a5c1a5b9df36","block_type":"box","text":".com","page_number":4,"box":{"x":405,"y":180,"width":28,"height":4}},{"id":"0d30bfdc-e24a-42cc-b083-a7f99c6ef61a","block_type":"box","text":".","page_number":4,"box":{"x":434,"y":183,"width":2,"height":1}},{"id":"f7a68f4c-8b5f-4ec9-8125-ec5ec4f413f0","block_type":"box","text":"NOTICE TO PERSONS IN THE EUROPEAN ECONOMIC AREA","page_number":4,"box":{"x":51,"y":195,"width":387,"height":7}},{"id":"e2ee0f07-b84a-4c78-8c23-1eb5cb94aec5","block_type":"box","text":"(“EEA”)","page_number":4,"box":{"x":51,"y":208,"width":47,"height":8}},{"id":"e37f5690-2cb2-4392-8f2c-7afd6c135e15","block_type":"box","text":"The fund is permitted to market into the relevant EEA jurisdiction","page_number":4,"box":{"x":50,"y":225,"width":385,"height":9}},{"id":"078094f7-6c36-4218-a10b-cb6151ef16e2","block_type":"box","text":"pursuant to either Article 42 of AIFMD (if and as implemented under","page_number":4,"box":{"x":51,"y":238,"width":403,"height":9}},{"id":"855b2eee-b3a9-475b-a323-13caed74a1c9","block_type":"box","text":"national laws of such member state); or (ii) can otherwise be lawfully","page_number":4,"box":{"x":51,"y":251,"width":401,"height":9}},{"id":"6fb257d0-a7e3-4c5a-940c-647a8ca2e11a","block_type":"box","text":"offered or sold (including on the basis of an unsolicited request from a","page_number":4,"box":{"x":50,"y":264,"width":412,"height":9}},{"id":"477fcb53-62a6-4777-b9d8-9f81ce756c88","block_type":"box","text":"professional client/qualified investor).","page_number":4,"box":{"x":51,"y":277,"width":221,"height":8}},{"id":"18a4607e-7f70-4090-bfed-5ca64350c3de","block_type":"box","text":"The Fund is an alternative investment fund for the purpose of the","page_number":4,"box":{"x":50,"y":294,"width":413,"height":9}},{"id":"47c66092-32df-4b5d-af85-01941d5158d7","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":51,"y":307,"width":415,"height":9}},{"id":"4b8ae1ed-6e5d-4db6-93e3-6348636170dd","block_type":"box","text":"(Directive 2011/61/ EU) (the “AIFMD”). It is not a regulated collective","page_number":4,"box":{"x":51,"y":320,"width":427,"height":9}},{"id":"c7605d17-2f52-474b-8adf-3105f9d4beb1","block_type":"box","text":"investment scheme for purposes of the Financial Services and","page_number":4,"box":{"x":51,"y":333,"width":394,"height":8}},{"id":"398b3ea9-fd46-45b8-b309-8431c5fa5641","block_type":"box","text":"Markets Act 2000 of the United Kingdom (“FSMA”). The promotion","page_number":4,"box":{"x":51,"y":345,"width":426,"height":9}},{"id":"ae760cb4-57a4-4d32-b7d4-d4c20a4e1d29","block_type":"box","text":"of the fund and the distribution of this material in the UK is","page_number":4,"box":{"x":50,"y":359,"width":369,"height":6}},{"id":"657a8fa6-48c4-414c-a771-d9c113e2ce76","block_type":"box","text":"restricted by law to Professional Investors Only. The information","page_number":4,"box":{"x":51,"y":371,"width":408,"height":9}},{"id":"64df497a-febf-4339-bec2-55d896639b03","block_type":"box","text":"provided does not constitute tax advice, investors should consult","page_number":4,"box":{"x":51,"y":384,"width":413,"height":9}},{"id":"1f186810-91b3-461c-b14d-aeaea53b0f81","block_type":"box","text":"their tax advisors with respect to their particular tax situations and","page_number":4,"box":{"x":50,"y":397,"width":426,"height":9}},{"id":"d1725b22-a33d-4c11-a8e8-80959aa323e5","block_type":"box","text":"the tax effects of an investment in the Fund.","page_number":4,"box":{"x":50,"y":410,"width":277,"height":7}},{"id":"45282dd7-af17-4705-84e1-50d3525ed4e1","block_type":"box","text":"The fund is an alternative investment fund for the purpose of the","page_number":4,"box":{"x":515,"y":35,"width":410,"height":9}},{"id":"2921a932-999a-432b-a915-fe38266cefa5","block_type":"box","text":"European Union Alternative Investment Fund Managers Directive","page_number":4,"box":{"x":515,"y":48,"width":415,"height":9}},{"id":"90c8ea17-969d-4bbc-84e5-c024e10a4c17","block_type":"box","text":"(Directive 2011/61/ EU) (“AIFMD”). SSGA Funds Management, Inc.","page_number":4,"box":{"x":515,"y":60,"width":414,"height":9}},{"id":"041cf9f5-b5b6-4438-9bb3-b39aa1f7a5b6","block_type":"box","text":"or State Street Global Advisors Trust Company is the alternative","page_number":4,"box":{"x":515,"y":73,"width":411,"height":9}},{"id":"1316ac9d-4789-4d89-838e-5cd2d788077b","block_type":"box","text":"investment fund manager (“AIFM”) of the fund and is an affiliate of","page_number":4,"box":{"x":515,"y":86,"width":421,"height":9}},{"id":"96315377-0ae3-4cdb-b504-b3779c586e38","block_type":"box","text":"State Street Global Advisors Limited.","page_number":4,"box":{"x":515,"y":99,"width":238,"height":7}},{"id":"d6d65f0b-b891-48ea-b556-b0874627b409","block_type":"box","text":"For Switzerland Qualified Investor: The distribution of interests of U.S.","page_number":4,"box":{"x":516,"y":117,"width":408,"height":7}},{"id":"3f6e0b31-8856-4085-a84c-2bd39f8231b4","block_type":"box","text":"SPDR ETFs in Switzerland will be exclusively made to, and directed at,","page_number":4,"box":{"x":515,"y":130,"width":413,"height":8}},{"id":"5a9bcd05-0b39-4413-b637-caa8b35a7174","block_type":"box","text":"qualified investors according to Article 10(3) and (3ter) of the Swiss","page_number":4,"box":{"x":515,"y":142,"width":397,"height":9}},{"id":"9cc2b410-1a9e-4de8-b210-f63926182382","block_type":"box","text":"Collective Investment Schemes Act (“CISA”) and its implementing","page_number":4,"box":{"x":515,"y":155,"width":391,"height":9}},{"id":"f5603043-8891-48c0-b9b3-21ce2700668d","block_type":"box","text":"ordinance. The legal documents of U.S. SPDR ETFs can be obtained free","page_number":4,"box":{"x":515,"y":168,"width":428,"height":9}},{"id":"55ceea37-e0e5-4463-9f0b-ac7a6d5bcb67","block_type":"box","text":"of charge from the representative in Switzerland. Swiss Representative","page_number":4,"box":{"x":515,"y":181,"width":420,"height":9}},{"id":"329bbfb5-9700-4c83-b70c-559f6fe6f948","block_type":"box","text":"& Swiss Paying Agent: State Street Bank International GmbH","page_number":4,"box":{"x":515,"y":194,"width":360,"height":8}},{"id":"f4acbcb8-a4c0-4ff1-9574-f620fc3af005","block_type":"box","text":"Kalanderplatz 5, 8045 Zürich, Switzerland Tel: +41 44 560 500.","page_number":4,"box":{"x":516,"y":206,"width":374,"height":9}},{"id":"b315bad4-1f22-49ce-ae52-035a900714c8","block_type":"box","text":"SSGA Funds Management, Inc. serves as the investment advisor to the","page_number":4,"box":{"x":515,"y":224,"width":419,"height":9}},{"id":"8c1f7667-d748-4e4d-acaf-b58789dd49d2","block_type":"box","text":"SPDR ETFs that are registered with the United States Securities and","page_number":4,"box":{"x":515,"y":237,"width":404,"height":9}},{"id":"1601d8c0-9022-4486-8214-44e81c6c1b11","block_type":"box","text":"Exchange Commission under the Investment Company Act of 1940.","page_number":4,"box":{"x":516,"y":250,"width":401,"height":9}},{"id":"88baf370-7c53-4d5b-98ca-125b966d9f23","block_type":"box","text":"SSGA Funds Management, Inc. is an affiliate of State Street Global","page_number":4,"box":{"x":515,"y":263,"width":392,"height":8}},{"id":"cb7fba84-7779-4eba-a0cf-6daa1079f6b3","block_type":"box","text":"Advisors Limited.","page_number":4,"box":{"x":515,"y":276,"width":103,"height":6}},{"id":"ce40d5fd-f47b-416e-be88-869d367d2baa","block_type":"box","text":"Before investing, consider the funds’ investment objectives, risks,","page_number":4,"box":{"x":515,"y":293,"width":417,"height":9}},{"id":"e0c97fbc-bc0a-418a-9b06-af7df14b818d","block_type":"box","text":"charges and expenses. To obtain a prospectus which contains","page_number":4,"box":{"x":515,"y":306,"width":393,"height":8}},{"id":"83ff599f-ff17-4c45-a570-66c53441a81a","block_type":"box","text":"this and other information, visit ssga.com or talk to your financial","page_number":4,"box":{"x":515,"y":319,"width":411,"height":8}},{"id":"d28a2352-8258-4e69-9bba-2e1636fb8735","block_type":"box","text":"advisor. Read it carefully before investing.","page_number":4,"box":{"x":515,"y":331,"width":266,"height":9}},{"id":"62754be2-ae76-4631-a2fe-716fed4218be","block_type":"box","text":"© 2026 State Street Corporation - All Rights Reserved.","page_number":4,"box":{"x":515,"y":357,"width":326,"height":9}},{"id":"9614a5d3-bc52-46c6-8950-db70d5149116","block_type":"box","text":"Tracking Code : 8886773.1.1.EMEA.INST","page_number":4,"box":{"x":515,"y":370,"width":236,"height":9}},{"id":"83798739-72ae-4ad4-bbc4-f291b8923b60","block_type":"box","text":"Expiration Date : 04.30.2027","page_number":4,"box":{"x":516,"y":383,"width":169,"height":8}},{"id":"ca2931db-607d-41f3-a229-ea788f724bd3","block_type":"box","text":"State Street Global Advisors Worldwide Ent","page_number":4,"box":{"x":515,"y":396,"width":259,"height":7}},{"id":"4cce8102-0a8b-4d88-97a2-94d648f347a5","block_type":"box","text":"ities","page_number":4,"box":{"x":775,"y":396,"width":23,"height":7}},{"id":"79e446a7-b2bc-49e9-a1eb-12bf52b42253","block_type":"box","text":"Report ID: 5648553.1","page_number":4,"box":{"x":362,"y":968,"width":117,"height":9}},{"id":"d85867eb-2942-4ebe-9c8e-ccfab1fe1d91","block_type":"box","text":"Published: 13 Oct 2026","page_number":4,"box":{"x":496,"y":968,"width":128,"height":7}},{"id":"b02e3420-afee-49a8-b06c-a6f820c13b43","block_type":"box","text":"P","page_number":4,"box":{"x":898,"y":968,"width":6,"height":6}},{"id":"d1b8b5ea-0fff-433c-90b0-1ec844a5e1ff","block_type":"box","text":"a","page_number":4,"box":{"x":904,"y":970,"width":6,"height":4}},{"id":"fdc5a72f-6769-4574-91fd-32920ff682c4","block_type":"box","text":"g","page_number":4,"box":{"x":910,"y":970,"width":5,"height":5}},{"id":"27c60244-badb-4293-8633-2c3067bb6030","block_type":"box","text":"e","page_number":4,"box":{"x":916,"y":970,"width":5,"height":4}},{"id":"e455acf8-3fec-4144-b3f6-b30485491977","block_type":"box","text":"4","page_number":4,"box":{"x":923,"y":968,"width":7,"height":6}},{"id":"9f823a5f-6eb4-458c-a53a-96b2c5f03949","block_type":"box","text":"of","page_number":4,"box":{"x":932,"y":968,"width":10,"height":6}},{"id":"86e71468-aac0-4e4b-af77-cfd6d610b7be","block_type":"box","text":"4","page_number":4,"box":{"x":943,"y":968,"width":7,"height":6}}],"unit":"per_mille","page_width":595,"page_height":[{"value":841,"pages":[1]},{"value":842,"pages":[2,3,4]}],"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"04e1dadd-171b-4275-a978-bb41fede40eb"},"user_id":1000002,"date_created":"2026-10-17T01:08:16.291000Z","date_modified":"2026-10-17T01:08:16.291000Z","private":false}